Cash injection for housing on council land

February 27 2018

COUNCIL-owned land in Yate could be released for housing after £2.1 million of Government money was allocated to South Gloucestershire.

COUNCIL-owned land in Yate could be released for housing after £2.1 million of Government money was allocated to South Gloucestershire.

Housing minister Dominic Raab announced a £45 million cash injection into key community projects around the UK to help kick-start the building of thousands of new homes.

South Gloucestershire’s allocation is for a total of nine projects around the district, including £230,000 for Station Road, Yate.

The money will come from the Land Release Fund, with a total of 79 projects nationwide receiving funding to support the building of up to 7,280 homes on council-owned sites.

The scheme operates by using the cash to overcome barriers which would otherwise make land unusable for development.

Projects could involve the removal of asbestos, building roads or providing utilities.

John Goddard, South Gloucestershire Council’s Cabinet member for corporate resources, said: “We welcome this announcement, which earmarks significant Government funding that will strengthen projects to build much needed new homes in South Gloucestershire.

“Some of these proposals are at an early stage and all are dependent upon obtaining planning consent. 

“The land involved is council-owned and the funding is intended to help release a number of sites to provide a mixture of affordable and open market housing.

“By increasing supply, we aim to reduce the pressure on the local housing market, making it easier for people to afford to rent or buy in South Gloucestershire.”

The successful bids will release land for homes by March 2020.

Other allocations include £720,000 for the Castle School sixth form site in Thornbury, which could lead to it getting a new sixth form centre, and two sites in Frampton Cotterell - Woodend Road (£175,000) and Lower Stone Close (£20,000).