Work will now go ahead on sites in Chester, Prescot, Congleton and Hooton, with a combined development value of £125m over the next two years.
Stewart Milne Homes North West chief executive Glenn Allison said the £3bn Home Building Fund, administered by Homes England, offered crucial support.“Private, independent developers cannot make the up-front investment required to close the gap between supply and demand quickly enough,” he said. “This funding will ensure we are able to deliver out-standing new communities for local residents and help deliver the additional housing that is required to meet the UK government’s targets.”
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