Market Leads & Opportunities
Grant secured for Sheerwater infrastructure
A grant of more than £9m has been secured to help fund the infrastructure costs for the approved Sheerwater Regeneration Scheme.Woking Borough Council has been awarded £9.4m from the government’s Housing Infrastructure Fund (HIF).Woking was one of only two successful Surrey bids which were announced by housing secretary Sajid Javid and chancellor Philip Hammond.The HIF is a government capital grant programme to help unlock new homes in areas with the greatest housing demand.Woking’s bid was submitted to the HIF’s Marginal Viability Fund stream, which was available to all single and lower tier local authorities in England.Sheerwater Regeneration Scheme was granted planning consent by Woking Borough Council in July 2016.
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