Thursday, 09 February 2012

East Riding nets new build cash

East Riding of Yorkshire has emerged as the biggest winner of a government bid to get more councils building homes.

On Monday, housing minister John Healey announced 73 councils will receive a share of a £122.6 million pot, bringing the total allocated through the scheme to £263.4 million.

This will fund 4,104 new homes across England when it is matched with funding that will be secured by local authorities.

The council building the most homes and receiving the biggest cash injection from the two rounds is East Riding of Yorkshire, which will build 331 homes with £20.2 million from the Homes and Communities Agency.

Eighty-six councils applied for the second round of funding.

Of those who failed to make the grade, seven local authorities had already received funding in the previous round and the remaining six were new applicants.

Mr Healey said the failed applicants had either wanted to refurbish stock when the programme focused on new build, or that their application did not present good value for money.

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