Autumn Statement: Extra £3.7bn for housing projects

Autumn Statement: Extra £3.7bn for housing projects
 

New spending on housing projects totalling £3.7bn in England has been announced by the chancellor.
Philip Hammond said £2.3bn would be spent on infrastructure - such as roads - related to housing developments.
The chancellor said the money would support the building of up to 100,000 new homes, and amounted to a "step-change" in help for the industry.
The government has also agreed to spend an extra £1.4bn on affordable housing in England.
Local authorities will be able to bid for the money under one of three existing schemes : Affordable Rent, Shared Ownership or Rent to Buy.
The... read more

 
23 November 2016 in Business, Views: 47
Source: BBC
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