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Liverpool City Region is in line to receive a staggering £700m to facilitate the construction of new social and affordable housing units, courtesy of a significant Government initiative. The infusion of funding is designed to accelerate social housing projects by allowing providers to enter bids for developments, commence construction sooner, and initiate the creation of thousands of much-needed residences for local families. As part of this program, the Combined Authority is also slated to obtain £13.8m in order to facilitate the construction of 555 new homes in the Liverpool City Region, involving the demolition of dilapidated structures and the transformation of abandoned car parks and industrial plots into vibrant residential communities on neglected brownfield sites.
Echoing these sentiments, Housing Secretary Steve Reed stated, “This investment has the potential to transform the lives of numerous families in the North West who are eagerly awaiting the opportunity to secure a safe and stable home of their own. By empowering regional Mayors and providing additional resources to convert wastelands into habitable areas, we aim to reduce the backlog of social housing demands.” Mayor Steve Rotheram, in collaboration with Homes England, is now at the forefront of shaping the future direction of affordable housing in the Liverpool City Region, devising ambitious strategies for the development of various types of residences on selected sites within the area.
Mayor Rotheram expressed his gratitude for what he deemed as the most substantial financial allocation towards housing in the region’s history, marking a pivotal moment in the provision of social and affordable residences. The infusion of new funding underscores the momentum gained from previous housing projects and reinforces the commitment to achieving the target of constructing 16,000 new social and affordable homes over the upcoming decade. Cllr Graham Morgan, Cabinet Member for Housing and Regeneration at the Liverpool City Region Combined Authority, emphasized the significance of this unprecedented investment in enabling the expedited delivery of quality, affordable homes on brownfield land, thereby revitalizing rundown areas and bolstering community livelihoods
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