13 February 2018
Cheshire East awarded £20 million Housing Infrastructure Fund
Cheshire East Council has been awarded nearly £20m of government funding to unlock the infrastructure required to deliver new homes in Macclesfield and Crewe.
The council’s wholly-owned development company, Engine of the North, worked closely with the authority’s strategic infrastructure team to land the successful bid.
The government grant is a portion of the £866m of housing infrastructure funding (HIF) which has been made available nationally to local authorities via Homes England, to help unlock and support the delivery of 200,000 new homes across the country.
Half of the funding awarded to Cheshire East will go towards a £19.5 million new link road, as part of the South Macclesfield Development Area scheme that was granted planning permission in August last year to deliver up to 950 new homes. The new link road will open up the site and improve connectivity around Macclesfield for the community.
The remaining £10 million will support the strategic infrastructure team in delivering a new link road as part of the Leighton Green site in Crewe. The site will deliver up to 850 new homes with around 400 new homes on the southern part of the site, within Cheshire East Council’s ownership.
Councillor Jamie Macrae, chairman of Engine of the North, said “We’re delighted with the news of HIF funding that will support the delivery of new homes, economic growth and employment opportunities for Cheshire East.
“The funding will assist in accelerating the delivery of the bring certainty to the South Macclesfield Development Area project, which that, due to the several constraints to the site, requires major road infrastructure to pump-prime the scheme.
“The site has long been identified for growth and was adopted as a strategic site in the CEC Local Plan. The site will provide new housing alongside employment, retail, community, recreation and sporting facilities, as well as significant green infrastructure.”
Cheshire East was awarded the highest amount of HIF funding in the North West and the second highest nationally.
Homes England assessed all bids through an open and fair competition process. The allocation of funding to all successful bids will be subject to further financial clarifications and the usual due diligence.