Up to 1500 family homes will be built at the Festival Gardens in Liverpool thanks to a multi-million-pound funding boost from Homes England, the agency announced today.
The Government’s housing accelerator – which brings experts and funding to areas to tackle the housing crisis – will give a grant of £9.9m to Liverpool City Council.
The cash injection– which comes from Government’s £450m Local Authority Accelerated Construction (LAAC) programme – will allow essential remediation work to take place on the site, paving the way for residential development to begin.
The news comes as Homes England officially opened new offices in the same building as Liverpool City Region Combined Authority at Mann Island, Pier Head – a move designed to help the two organisations collaborate more effectively to get homes built.
Sir Edward Lister, Chairman of Homes England, said: “We are determined to use all the resources available to us to make homes happen across England – so I’m thrilled our funding means work can move forward rapidly at this historic site, providing homes for hundreds of families.
“And with Homes England and combined authority experts now working side by side, we expect to further accelerate the construction of new houses across the region.”
Minister of State for Housing, Kit Malthouse MP, said: “Delivering the homes Liverpool needs is a crucial element of our plan to build a successful and vibrant Northern Powerhouse.
“I was born and brought up in Liverpool and went to the original garden festival as a child, so I know how much this investment will regenerate a key area of this great city, transforming Festival Gardens site with desperately needed family homes.”