Stevenage given �4 million to ease housing waiting lists

MORE than �4 million of Government funding will be ploughed into Stevenage to help reduce housing waiting lists and boost the construction industry. Last week housing Minister John Healey announced the release of �290 million to build almost 5,500 afforda

MORE than �4 million of Government funding will be ploughed into Stevenage to help reduce housing waiting lists and boost the construction industry.

Last week housing Minister John Healey announced the release of �290 million to build almost 5,500 affordable homes across the country.

Stevenage has been allocated �4,022,148 to build four home ownership units and 82 properties for rent.

As part of an exemplar low carbon project, �314,000 of this money has been allocated to build eight homes for affordable rent on Cotney Croft and Peartree Way.


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Mr Healey said: "We're providing new homes for families across the country and helping first time buyers take their first step onto the housing ladder.

"We're using investment to support the construction industry at a time of recession when it needs it most, providing the means to help get the market moving again.

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"I'm determined to keep building homes in the months ahead, with further cash to come for councils, housing associations and developers.

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