A shortlist of 29 areas outside London have been announced by the Government, as part of its plans to create Housing Zones for new build growth.
In total, 10 Housing Zones will be created, which will then share a £200 million fund to develop infrastructure and land remediation, primarily on brownfield land.
These will follow 20 London Housing Zones already planned. With each site having the capacity to build between 750 and 2,000 new homes, it is hoped that the project will provide a significant boost to meeting housing targets.
“Successful zones will have access to cheaper borrowing from the Public Works Loan Board and priority access to expert planning and technical support from the ATLAS service run by the Homes and Communities Agency," the government said.
To be shortlisted, each area’s council had to submit a joint bid with a developer outlining their plans for building.