Posts tagged £1 billion investment
Housing minister Mark Prisk has announced a £1 billion investment package to improve council homes across England that will provide work for thousands of tradesmen.
The new funding could bring over 86,000 homes up to a decent standard, paving the way for new trade jobs in the building construction industry.
It is the latest round of funding under the Decent Homes Programme which aim is to help councils bring their homes up to a decent standard, from fitting new roofs and windows to updating kitchens or heating systems.
Mr Prisk said that this new construction and skilled work would provide a shot in the arm for thousands of local businesses and tradesmen, supporting the Government’s measures to boost British jobs and the economy.
The Minister said that spending money earlier would help boost local employment as early as possible, as well as delivering home improvements for tenants ahead of schedule.
Mr Prisk said: “By improving this country’s council homes we will transform many families’ lives for the better, bringing their living standards up to scratch ensuring that their home is the safe haven it is meant to be.
“But the benefits of the £1 billion I’ve confirmed today reach far beyond tenants themselves and into the local economy.
“With every pound spent on improvements boosting local business, creating new jobs and supporting local spending, I want to see councils realising the benefits of this cash as soon as possible.”
What is your reaction to the newly announced £1 billion investment programme set to improve thousands of council homes, boost the trades and create new jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.