News - 24 February 2017

Latest Government plans for housing seeks business views

Businesses, local authorities, property developers and the D2N2 Local Enterprise Partnership (LEP) came together earlier today (Feb 24) in Nottingham, to give their views on Government’s new White Paper, entitled: ‘Fixing Our Broken Housing Market’ – the first of its kind issued in ten years.

Minister of State for Housing and Planning, Gavin Barwell MP, visited Nottingham earlier today (February 24), to hear the views of local authorities and businesses on the Government’s new house building strategy, detailed in the recently published White Paper entitled: “Fixing our Broken Housing Market”. Today’s visit was held as part of a series of national events held in London, Birmingham, Manchester, Cambridge, Gateshead, York, Taunton and the South East and featured representation from the D2N2 LEP.

D2N2 is the LEP for the Nottinghamshire and Derbyshire area and works with businesses, local authorities, skills and training providers and community and voluntary organisations to grow its economy, with the aim of creating 55,000 new jobs in ten years (2013-2023). In detailing how this would be done, D2N2 created the D2N2 Strategic Economic Plan (SEP), which gave an overview of the D2N2 area, highlighting its strengths and any areas in which it could grow. In its SEP, D2N2 also showed how it would aim to deliver 77,000 new homes in the same ten year period and it continues to work with its business community on projects to help achieve this.

Recent housing projects that the D2N2 LEP has been involved with include the investment of £850,000 in the Castleward Derby project through D2N2’s Growing Places Fund – set up to accelerate developments which have stalled due to funding gaps. This will consist of 800 new homes and 34,550 square feet of commercial space, across 30 acres of land when completed.

Government’s overall objectives in its new strategy are to increase the supply of homes and improve affordability both in rental and purchase, with the ambition ‘to make a home within reach of everyone’. The strategy’s main aims include making more surplus public land available, making it easier to re-use brownfield land and build homes on small sites, boosting the capacity and capability of planning authorities to ensure sites with permission are built on, helping small and medium sized builders access local finance and small sites and helping those who are currently priced out of the market.

D2N2 Chief Executive David Ralph (pictured), who was at today’s event, said: “Homeowners have a real stake not only in the economy but also their local areas. In creating a plan for the construction of more housing, Government is taking a definitive step forward in helping residents and people to gain a much firmer grounding in their communities and contribute to the local economy, making the D2N2 area a better place to live, work and invest.”

For more information on the Government’s White Paper: ‘Fixing Our Broken Housing Market’, click here.

For more information on Growing Places Fund in Nottinghamshire and Derbyshire, click here.

For More Information on the above release, please contact:

Sean Kirby

D2N2 Communications Manager

01159 578749

sean.kirby@d2n2lep.org

 D2N2 logo CMYK

Sam Burbage

D2N2 Social Media and Marketing Officer

01159 578254

sam.burbage@d2n2lep.org

Find us on:

TwitterLinkedInGoogle+FacebookYoutube

Latest News & Events

21 June 2024

Spotlight on our Board: Scott Knowles, Chief Executive, East Midlands Chamber, on the D2N2 LEP transition and East Midlands devolution

Read Article

11 June 2024

The D2N2 LEP staff team joins the East Midlands Combined County Authority (EMCCA)

Read Article

07 June 2024

Becky Rix, Marketing Director at Roadgas, explains why Roadgas is a proud member of the East Midlands Hydrogen Consortium

Read Article

05 June 2024

Spotlight on our Board: D2N2 LEP Board Member Natasha Johnson, Director of Partnerships at Global Entrepreneurs UK

Read Article

05 June 2024

Free Expert Business Advice and Support available through East Midlands Chamber’s Accelerator Programme

Read Article

03 June 2024

Spotlight on our Board: D2N2 LEP Board Member Professor Edward Peck CBE, Vice-Chancellor and President, Nottingham Trent University

Read Article

24 May 2024

Focus on the East Midlands: our time is NOW!

Read Article

24 May 2024

D2N2 LEP CEO, Will Morlidge, shares our East Midlands Hydrogen ambitions at UKREiiF

Read Article

24 May 2024

East Midlands Freeport and Freeport East Sign Green Freight Corridor Initiative at UKREiiF

Read Article

23 May 2024

D2N2 LEP Chair, Elizabeth Fagan, launches £8m Early Stage Angel Investment Fund at UKREiiF

Read Article

Get in touch.

Subscribe to our newsletter

Sign up
Address

D2N2 Local Enterprise Partnership
8 Experian Way
Nottingham
Nottinghamshire
NG2 1EP

Social

Our Partners