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Department for Communities and Local Government: "Budget measures will deliver thousands of homes and jobs"

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"Hundreds of thousands of homes and jobs will be delivered through a package of measures announced in today’s Budget.

"Communities Secretary Eric Pickles said the funding contained in the Chancellor’s statement will maintain the momentum gathered since 2010, which has seen housebuilding reach its highest annual level in seven years, planning permissions reach record numbers and thousands of jobs created.

"Getting work started on new homes on large sites"
"The government will lead on getting work started on 10,000 homes at Northstowe near Cambridge, by directly commissioning builders to get building. It’s expected that of the homes expected to be started by 2020, three quarters – 600 homes – will have been directly commissioned.

"The government will also invest £95 million in the regeneration of Brent Cross to help deliver 7,500 homes, 4.9 million square feet of commercial space and up to 27,000 jobs. The development of the area, led by Barnet Council and the Greater London Authority, will be further supported by ringfencing 50% of the business rate growth in that area for investing in the project."

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