
£165M Fund Boosts Housing Projects via Road Fixes
About this episode
A £165 million fund, the Growth and Housing Accelerator Fund, is set to revitalize stalled housing projects in England by addressing key transport issues. The fund targets road access and junctions near major motorways and A-roads, with projects like the A46 Widmerpool resurfacing and upgrades to the A46 Newark bypass and A52 Nottingham junctions. This initiative aims to tackle aging roads causing delays in housing and jobs, unlocking idle sites and supporting tens of thousands of jobs. The fund is part of the governments third Road Investment Strategy, allocating £27 billion for Englands strategic roads from 2026 to 2031, with £8.4 billion for resurfacing, bridges, and repairs. Local councils can submit their schemes soon, with a rolling project list expected by the end of the 2026-2027 financial year.
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UK News Today | 2 Min News | The Daily News Now! — £165M Fund Boosts Housing Projects via Road Fixes. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On March 30th, a 165 million pound fund just dropped to kick start stalled housing projects across England by funding key transport fixes. It's called the Growth in Housing Accelerator Fund, targeting road access and junctions holding up new builds near major motorways and a roads. Take Rushcliff for example, where the concrete stretch of the A46 at Windrepool gets a full resurface and rebuild due to heavy wear. Hereby, upgrades hit the A46 newer bypass and A52 Nottingham junctions to clear those bottlenecks. This ties into real human needs, with aging roads over 45 years old, causing delays in housing and jobs. Officials say it will unlock sites that have sat idle, supporting tens of thousands of jobs while fixing long-term maintenance gaps. The fund slots into the government's third road investment strategy, or RIS-3, pumping 27 billion pounds into England's strategic roads from 2026 to 2031.
That includes 8.4 billion pounds just for resurfacing, bridges, and repairs. Local councils can pitch their schemes soon, with a rolling project list rolling out by the end of the 2026-2027 financial year, expect this to pave the way for smoother growth without the usual infrastructure headaches.
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