New housing projects
Published: 28 July, 2009
LONDON: Almost £1bn is to be spent kick-starting house-building projects that stalled during the recession the housing minister said yesterday.
The government hopes the move will create 20 000 new homes and as many jobs. John Healey, housing minister said that 270 stalled development projects have been short listed by the Homes and Communities Agency through the Kickstart programme.
Mr Healey said; "I want to see builders back on these sites within weeks. So I will be calling on successful developers to pull out all the stops so construction can restart as quickly as possible."
Stewart Baseley, executive chairman of the Home Builders Federation said the move "will help boost jobs in house building and the supply chain, rebuild housing output and protect capacity so that the industry is better prepared for the recovery."