The government has cpproved the spending of £30M for new transport projects to support new housing builds, the money sourced from the Community Infrastructure Fund (CIF).
Housing minister John Healey and transport minister Sadiq Khan made the announcement today, saying that 20,000 new energy efficient homes would be built in the public sector over the coming two years, with a further 10,000 have today announced £30 million for transport projects to support the thousands of extra homes being built across the country over the coming months.
Money from the Community Infrastructure Fund (CIF) will help fund crucial transport links to support the building of extra homes for first time buyers, families and people on waiting lists.
This strengthens commitments set out in the Prime Minister’s Building Britain’s Future plans, and the £1.5 billion Housing Pledge that John Healey announced earlier this month, to build an additional 20,000 new affordable energy efficient homes over the next two years - and a further 10,000 homes for open market sale through the private sector.
Building work is due to start in the coming months and is part of the pledge to use the power of Government investment to keep projects going as we steer our way through the recession.
Healey said: “We need to ensure that people and families living in new homes have the transport links they need, whether this is a new road, new bus links or cycle paths.
“This £30M boost for councils places them at the centre of supporting homes, jobs and growth, which is good news for the local area.
“We are working closely with councils, The Homes and Communities Agency and the Department for Transport to ensure these projects are delivered in time. This work will also create construction jobs, help build new homes we need and make sure we have the transport in place to support development.”
Khan said: “Good transport links are a vital to the success of new housing developments, but is much more than simply getting people from A to B.
“We need to provide a range of options including provision for cycling, walking and public transport, if communities are truly to grow and thrive.
“I am therefore delighted that a significant proportion of this funding will go towards sustainable transport schemes that not only offer a genuine choice but also make low carbon travel a viable and attractive option.”
Twelve schemes across the country are being paid for by CIF, nine of which are improved public transport or walking and cycling routes, as part of the Government’s commitment to sustainable transport and reducing carbon emissions. These are in addition to the 42 existing CIF2 schemes that have been previously announced.
The twelve schemes allocated funding are all small to medium scale transport projects in locations that are committed to building more homes and are keen to deliver improvements to their transport infrastructure to support this growth.
The Community Infrastructure Fund is being managed on behalf of Government by the Homes and Communities Agency.