
UK Unveils £165M Housing Boost
UK News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The UK government has unveiled a £165 million fund, the Growth and Housing Accelerator, to revive stalled housing and job sites in England, with significant opportunities in the West Midlands. This fund targets areas held back by inadequate transport links, particularly near motorways and A-roads, to stimulate the construction of thousands of new homes and employment hubs. The fund is part of the £27 billion Road Investment Strategy three, running from 2026 to 2031. Local councils can submit their projects soon, with National Highways set to approve funded works by the end of 2026 or early 2027. The strategy also includes £8.4 billion for resurfacing over 9,000 kilometers of roads and repairing old bridges. This initiative aims to support around 50,000 jobs over five years and contribute to the governments goal of building 1.5 million new homes during this Parliament, transforming roadblocks into growth opportunities for everyday people.
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