Cameron announces extra funds for Get Britain Building
Prime Minister David Cameron has announced an extra £150 million for the Get Britain Building fund – a treasure trove that helps stalled building projects get back on track.
Insider Media reports that more than 200 projects are set to benefit from the funding, including a 204-home development at Finzels Reach in Bristol.
Paving the way for new homes and construction jobs
The extra cash now takes total funding to an impressive £570 million, paving the way for 16,000 new homes and 30,000 construction jobs.
As a result, house builders can get cracking with shoring up current projects, perhaps by installing interior cladding to make new builds as energy efficient as possible.
Get Britain Building Fund
Housing Minister Grant Shapps commented on the investment to blogs.24dash.com:
“House building is absolutely vital for delivering more growth in the economy, yet hundreds of shovel-ready housing developments have been put on ice, because builders lack funds to get work going on site.”
Grant Shapps, MP added:
“The £570 million Get Britain Building Fund will help end the deadlock by getting construction back on track for up to 16,000 homes across the country. Already some of our key sites are on track to get started next month, and many more of the 224 projects shortlisted today will be up and running from June, helping to cement our economic recovery.”