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Philip Hammond Announces £866m Pot For 200,000 New Homes

The Ministry of Housing stated that, “Small-scale infrastructure schemes will collectively enable the construction of as many as 200,000 new homes.” Local Authorities were invited to submit pitches for an allocation from the Fund.

Philip Hammond, Chancellor of the Exchequer told press that, “This support will help meet our ambitious plan of building 300,000 new homes each year, and ensure we have enough housing in areas which need it most.”

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