Barnsley Council’s Cabinet members today considered the approval of a Housing Infrastructure Funding (HIF) report.
The report presented to Cabinet on 15 May requests permission to formally accept £2.039 million of grant funding and enter into formal agreements with partners including Homes England and Keepmoat Homes to deliver 311 new homes in Thurnscoe.
The funding is coming from the Governments Housing Infrastructure Fund, which dedicated £5.5 billion to fund local infrastructure projects such as new roads and land remediation works which are essential for helping to build new homes.
Between 2011 and 2015, 160 new homes were built in the Season, now Willow Heights, Thurnscoe as part of phase one for the housing development. The site then remained stalled due to the economic downturn and scheme viability.
In 2018 work was able to re-start on site in the form of phase 2, helping to build an extra 129 homes. This was down to hard work from the council and Keepmoat Homes who managed to find solutions to address the viability issues associated with delivering the scheme.
In spring 2018 the council found out it was successful in its bid to the HIF Marginal Fund to secure phase 3 of the development, subject to an independent project review. Throughout last year council officers worked closely with Homes England consultants and received a final confirmation of the grant at the end of last year. Since then contracts and legalities have been reviewed, and licence and development agreements established.
The £2.039 million grant will help the council to bridge its current funding gap. The money will support the delivery of essential infrastructure requirements such as roads, utilities and drainage. The funding means an extra 311 new homes will be built on the site at a faster than expected rate.
Matt Gladstone, Executive Director of Place, said: “We are working hard to speed up housing growth across the borough. This significant investment from the HIF will help us to complete regeneration activity and increase housing value and confidence in the area.
“As part of our Local Plan, we aim to provide better housing to meet current and future needs in the borough with the creation of over 21,0000 new homes. This includes homes for sale on the open market, affordable housing and housing to meet the needs of our older and vulnerable communities.”
Housing Minister Kit Malthouse MP said: “We are committed to working together with ambitious councils and helping them deliver the homes this country so desperately needs.
“We are delighted to be supporting 94 infrastructure projects across the land which will kick-start property development.
“This is all part of our drive to build 300,000 homes each year, and ensure we have enough housing in areas where it is most needed.”
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