Two new housing communities will be built in London alongside new railway stations, Communities Secretary Rt Hon James Brokenshire MP said today (14th March).
The government is to provide £250m, so that up to 13,000 new homes can be built close to the new HS2 railway station at Old Oak Common, near East Acton, London.
Alongside that, £320m is said to be spent on a new Brent Cross West Thameslink station, which will lead to a new community of 7,500 properties.
The announced measures come as part of the government’s drive to make the housing market work and deliver 300,000 properties a year by the mid-2020s.
Commenting on the news, James Brokenshire MP said: “We are working to create homes, opportunities and thriving communities, especially in London, which faces the most severe and unique housing pressures in the country.
“The HS2 station at Old Oak Common will offer a new gateway to London, while a new station in Brent Cross can be the catalyst to build thousands more much-needed homes.”
He added: “Together, this £570m package of investments will allow thousands of families the opportunity to realise their dreams of home ownership.
“It will provide up to 20,000 new homes, support new jobs and benefit from new transport infrastructure.”