11 November 2016
Sheffield City Council has won an extra £675,000 Government funding to encourage more house building and regeneration.
The council is topping up funding to create a £1.3 million scheme which will make brownfield land, previously used for industry or commerce, more attractive to developers. It aims to attract more private investment and public funds to encourage more than 4,300 new homes over the next ten years.
The council has been awarded ‘Housing Zone’ status with the funding. This means it will be able to work more closely with Government to bid for public funds to help regenerate inner city neighbourhoods.
The exact location of the Housing Zone will be announced over the coming months.
Councillor Mazher Iqbal, Cabinet Member for Infrastructure and Transport at Sheffield City Council, said: “I’m delighted that we’ve won this extra funding which will help us encourage thousands of new homes in Sheffield.
“The announcement today is excellent news and means we can start working closely with businesses, land-owners and the community to carry out the detailed work to revitalise parts of the city and bring brownfield sites back into use.
“We want to encourage more investment in Sheffield and help the thousands of people who want to get onto the property ladder but can’t due to a lack of housing.
“We will be consulting with local people and business about what they want, to make sure that development is carried out sensitively and sustainably.”
Housing delivery has risen in Sheffield in recently years and last year around 1,800 new homes were built.