Building scheme

21/11/11
House-building: A way out of recession?
House-building: A way out of recession?

David Cameron and Nick Clegg are launching their much-vaunted house building scheme with a July timetable for work to start on thousands of new buildings.

Launching their new housing strategy this morning, government officials said the planned £400 million fund could see work start in months by targeting ready-to-go projects.

Downing Street hopes that the fund will give local builders work opportunities while simultaneously offering young families affordable housing - a plan Mr Cameron and Mr Clegg presented as ambitious but achievable.

Government sources claim the 'Get Britain Building' fund could see 16,000 homes built, 3,200 of which would be affordable under planning obligations, and support up to 32,000 jobs.

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