Oct 24, 2021

Budget 2021: £2bn for new homes on derelict or unused land

Almost £2bn will be invested by the government into building new homes on derelict or unused land in England, the chancellor is expected to announce in Wednesday's Budget. The government says the funding will build 160,000 greener homes on brownfield land, equivalent to 2,000 football pitches. Chancellor Rishi Sunak said: "One of my favourite pastimes is to go for walks in the park with my family, and I want to make sure everyone has green space on their doorstep to enjoy too."Transforming our unloved and neglected urban spaces will help protect our cherished countryside and green spaces, while improving the physical and mental health of our communities. More than 2.5 million people across the UK currently live further than a 10 minute walk from their closest green space. To combat this, at least 100 neglected urban spaces will be transformed into pocket parks, each measuring the size of a tennis court.

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