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Tens of thousands of homes will be built on derelict sites as part of a near-£2billion drive by Rishi Sunak to target brownfield land instead of the countryside for housing.
The Chancellor will announce the fund to transform previously developed land equivalent to 2,000 football pitches in Wednesday’s Budget.
In addition, he will unveil plans to spend millions on creating more than 100 ‘pocket parks’ in towns and cities across the country.
Tens of thousands of homes will be built on derelict sites as part of a near-£2billion drive by Rishi Sunak to target brownfield land instead of the countryside for housing
The Budget will focus on ‘looking to the future and building a stronger economy for the British people’, Mr Sunak said last night.
He will also allocate the money available to individual Whitehall departments for the next three years in his Spending Review.
A £1.8billion fund to turn brownfield land into homes will be part of the settlement for Michael Gove’s Department for Levelling Up, Housing and Communities.
About 160,000 homes are expected to be built in England as part of the scheme.
As well as preparing sites for development, the money will be used to provide transport links, schools and public spaces so they can become thriving communities.
The Chancellor will announce the fund to transform previously developed land equivalent to 2,000 football pitches in Wednesday’s Budget
About £300million will be spent by local authorities and regional mayors.
Alongside this, the Chancellor will announce a