North East Mayor Kim McGuinness today announced £22m investment that will help people seeking a home by driving the development of 1,122 new homes across towns and cities in the region.
The money will be spent to prepare brownfield sites many of which are derelict or have stood empty to create new homes in Ashington, Blyth and Stobswood in Northumberland, Easington Colliery in County Durham, and Riverside Sunderland’s Mayoral Development Zone.
The funding boost includes £1.1m investment into Bernicia’s plans for 57 new homes on the former Coulson Park School site in Ashington.
Our Chief Executive John Johnston said: “This is great news, helping to prepare sites for the delivery of much needed homes across the region.
“We will soon be launching our own plans to deliver 1,000 new social and affordable homes in the next five years.
“These will support the mayor’s priority of increasing the supply of new homes, and in particular new social homes to help address rising waiting lists and housing need in the North East.”
North East Mayor Kim McGuinness said: “I promised to get more homes built for local families and now we are delivering on that with £22m funding for councils, housing associations and developers to get 1,122 new homes built.
“We are providing money to turn derelict and run-down sites in the heart of neighbourhoods in place like Newbiggin Hall and Kenton, Walker, Blyth, Ashington, Easington Colliery and Gateshead into great places to live and bring up your family.”
The grant funding unlocks almost £200m of investment by local councils, housing associations and developers creating and supporting hundreds of jobs in the construction industry over the next seven years.
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