Multi-million pound funding to unlock housing delivery in north Kent
The Government last week announced the release of over £200 million for vital infrastructure upgrades which will unlock thousands of new homes across North Kent.
Medway Council has been awarded some £170 million to facilitate the delivery of 10,600 homes on the Hoo Peninsula. Of this, a total of £85.7 million will fund local road upgrades, including those to the A228 and A289, while a further £14.35 million will be invested in the area’s country parks.
The funding will enable the Council to finalise its new Local Plan to 2035, which has been subject to significant delays in recent years.
Meanwhile, Kent County Council has secured £38.1 million to upgrade the Key Street and Grovehurst junctions on the A249 at Sittingbourne, which will unlock the delivery of almost 8,000 homes in Swale. Existing and forecast congestion at these junctions has caused delay to planning applications and housing delivery in the area in recent years and the Borough cannot currently demonstrate a five-year housing land supply.
The funding will come from the Ministry of Housing, Communities and Local Government’s Housing Infrastructure Fund, which is worth a total of £5.5 billion nationally.
DHA is experienced in identifying and bidding for third party funding to enable development projects. Please contact Alex Hicken or Paul Lulham for further details.