Posts tagged Funding
The Quebec Barracks site will see 100 new homes built and employment space for up to 100 new jobs created as result of a £3 million investment for East Hampshire.
The funding will transform the former barracks into a high quality sustainable neighbourhood as part of the ambitious Whitehill & Bordon Eco-town project.
The overall plan for the regeneration of the town is set to build 4,000 environmentally sustainable homes and create 5,500 jobs.
The new homes will meet official zero carbon standards and be attractively designed to set the benchmark for new homes in the rest of the town.
“The homes will be built to a much higher standard than originally envisaged, which will raise the bar in terms of the development of the rest of the project and act as a catalyst for lasting change here. There is a lot of work that needs to be done over the next year, but it is exciting to have got to this stage and see that progress is going to happen in the months ahead.”
Cllr Glynis Watts, East Hampshire District Council’s Deputy Leader and Portfolio Holder for Whitehill and Bordon, said: “This investment is a great step forward for the town. The focus of this and future development is on enabling residents to have a really good quality of life.
“The homes that will be built will meet local aspirations because they will be attractive, cheap to run and in a great environment. We are going to pull out all the stops to make this something really special.”
John Walker, the Independent Chairman of the Whitehill & Bordon Eco-town Delivery Board, said: “The regeneration of Quebec Barracks is a small example of what we are trying to achieve across the town.
“Our aim is to deliver exceptionally good design that sets the standard for future Eco-town development. This is a tremendous opportunity to create a really attractive and sought-after place to live and work.”
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As part of the Regional Growth Fund, Deputy Prime Minister Nick Clegg has announced a £350 million cash pot that will create new jobs and boost the trades.
The Regional Growth Fund is a £2.6 billion fund operating across England from 2011 to 2016. It supports projects and programmes that lever private sector investment to create economic growth and sustainable employment.
The first three rounds will leverage over £13 billion of private sector investment and create or safeguard over 500,000 jobs.
Deputy Prime Minister Nick Clegg said: “The Regional Growth Fund is already proving a shrewd investment by providing a welcome boost to jobs and growth across the country, with thousands of jobs created, businesses expanding into new markets and manufacturing new products. With this next round of funding, I would urge England’s budding businesses to produce top quality bids to access the money that can help them grow.
“There’ll be stiff competition, and we can only invest in those projects that will lead to sustainable jobs and the best value for money.
“Boosting jobs and growth is our number one priority for Britain right now. That is why I am so pleased to be opening a fourth round of the Regional Growth Fund which supports growth across a range of industries.”
Business Secretary Vince Cable said: “The additional £350 million for the Regional Growth Fund is a big boost for those parts of the country facing structural problems.
“The fund has already supported a variety of industries – from motor vehicles to life sciences. This goes hand in hand with our industrial strategy.
“But it’s not just about big industry and household names. To date we have supported over a thousand SMEs through Regional Growth Fund programmes which is giving small business the impetus to expand, employ more staff or start exporting.
“This is the Government’s commitment to growth in action to encourage investment and lead to a more balanced economy.”
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The Government’s fund is set to build around 16,000 new homes and provide financial support for housebuilders on stalled sites across the country, paving the way for employment opportunities in the trades.
The HCA has estimated that the shortlisted schemes could unlock the building of 7,000 homes and create thousands of new jobs in the building construction sector.
HCA chief executive Pat Ritchie said: “The Get Britain Building programme is offering housebuilders the financial support to get stalled developments back on track, and I’m pleased that more than 100 projects can move forward to the due diligence phase.
“We listened to feedback from the sector and reduced the minimum scheme size to 15, and I’m therefore especially pleased that 20 smaller projects have come forward and the majority of bids have come from SMEs.
“These projects must now prove that they can be delivered quickly, provide value for money for the taxpayer and fit with local priorities. As well as building much-needed new homes, the work will create or protect jobs, and boost local economies.”
Around £300 million of recoverable investment has been allocated to more than 130 projects through the first round of the scheme expected to be completed by December 2014. Round two of the scheme, which was announced last week, will continue until March 2015.
“Hundreds of plumbers, electricians and gas engineers to benefit from the investment”
Millions of funding to get low carbon heating into peoples’ homes, including into hundreds of social houses across the nation, is still up for grabs according to the Department of Energy and Climate Change (DECC).
Local authorities, housing associations and registered providers of social housing are being urged to benefit from the millions of pounds available from the Renewable Heat Premium Payment (RHPP).
The scheme will replace more renewable heating systems, including biomass boilers, solar hot water panels and heat pumps, creating new employment opportunities for plumbers, electricians and gas engineers.
The RHPP has reopened thanks to the high value for money of projects already allocated funding under the scheme which will make tenants’ homes warmer, cosier and far more energy efficient.
Today, the DECC announced that up to £2.5 million of additional funding will be allocated under this element of the scheme.
Energy and Climate Change Minister Greg Barker said: “We have already awarded nearly £5 million to 72 projects under this year’s scheme, helping householders stay warm this winter and move away from expensive old heating systems to new clean renewable ones.
“But the high value for money of the bids we have received to date means that there is still money up for grabs and I would urge social landlords across the nation to apply and take advantage of all this scheme has to offer.”
The closing date for applications is 9 October 2012 and successful bidders will be announced shortly afterwards. You can find out more about the scheme and how to apply from here.
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Housing Minister Grant Shapps has given the green light to a £30 million investment programme which will enable aspiring builders to build their own homes, offering exclusive access to funding and Government-owned land in seven locations across England.
The announcement is an attempt by the government to tackle country’s housing crisis and boost economic growth. The £30 million scheme will offer short-term loans and funding to builders, community groups and other small organisations looking to start self-build projects.
Commenting on the building investment programme, Housing Minister Shapps said: “I’m delighted to be able to announce the first seven sites with plots available exclusively for self-builders, as well as £30 million to offer short-term loans to help communities get their projects off the ground.
“This first-ever package of self-build support will help to achieve our goal to double the size of the industry over the next few years, but I want us to go further still. The new national planning rules require councils to consider the needs of self-builders in their area, and I would urge authorities across the country to look to Cherwell and the innovative work there as an exciting example of how this can be achieved.”
Public sector land for up to 60 homes will be made available in Cornwall – making it the nation’s first-ever large-scale self-build plot.
Mr Shapps praised the work of councils across the country that are looking to give as many local people as possible the opportunity to build their own homes – including on dedicated sites.
The Planning Minister also confirmed the rest of the sites which will be made available for builders to bid. They are:
- Kingsweir and Torpoint, Bristol
- Spencers Park, Hemel Hempstead
- Pleasley Colliery, Bolsover
- Upper Tuesley Milford, Surrey
- Wilson Road, Hanford, Stoke-on-Trent
- Chase Avenue, Walton Park, Milton Keynes
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With increasingly higher demand for professionals in the renewable sector, the UK’s environmental charity organisation, Global Action Plan and global management consultant Accenture, have launched a two-year collaborative partnership to help young people gain the necessary skills for the emerging green economy.
The scheme will provide green skills development for young people from disadvantaged backgrounds or those who are not currently in education or training, to build their employability skills, offer new opportunities and address the current skills shortage in the green sector.
Funding of £170,000 will be provided to support the green training by 2014; it will help people to find relevant work placements across a number of organisations in the green industry. Some 1,300 young people will benefit from the project.
Environmental groups, policymakers and companies have made the argument that renewable energy should be favoured over sources of non-renewables because it will create green jobs and boost the economy as well as help people tackle climate change.
The government is determined to continue with its commitment to improve energy efficiency in Britain. It has already invested £200 million into renewable energy projects which will help the green sector grow and give confidence to businesses.
Chief Executive of Global Action Plan, Trewin Restorick, said that the collaborative venture has been designed to boost employment and address key issues in the renewable sector.
Mr Restorick said: “As unemployment among 16-24 year olds continues to hit record highs, cross-sector partnerships such as the one between Global Action Plan and Accenture are vital in ensuring young people get into employment and contribute to a better, more sustainable society.”
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