Market Leads & Opportunities
Further £41m released to help accelerate developments
A further £41m has been released to help unlock hundreds of acres of former industrial land for new homes in the West Midlands.The money has been given to the West Midlands Combined Authority by the government.The funding will help accelerate a 30 per cent increase in house building across the region with numbers rising from 11,288 in 2014/15 to 14,628 in 2017/18.Figures for 2018/19 are released in the autumn and expected to show a further rise.The £41m funding is part of a £350m Housing Deal agreed between the WMCA and government last year.
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