James Brokenshire announces infrastructure funding package of £570m
James Brokenshire has announced a package of infrastructure funding that could lead to the construction of more than 20,000 new homes alongside two new railway stations in London.
The communities secretary said the government would provide a total of £570m from the Housing Infrastructure Fund to develop up to 20,500 homes.
Brokenshire said £250m would go to helping fund up to 13,000 new homes to be built near the Old Oak Common HS2 station in west London (pictured), where the government has set HS2 an ambitious target of opening the station by 2026.
A further £320m funding for Thameslink’s Brent Cross West station would enable Barnet council to deliver at least 7,500 homes.
Brokenshire said: “The HS2 station at Old Oak Common will offer a new gateway to London, while a new station in Brent Cross can be the catalyst to build thousands more much-needed homes.
“Together, this £570m package of investments will allow thousands of families the opportunity to realise their dreams of home ownership.
“It will provide up to 20,000 new homes, support new jobs and benefit from new transport infrastructure.”
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