Croydon gets £5,461,500 from the Labour Government to invest in new Council Housing

Investment that would never happen if the Conservatives were in power today.

This is good news for Croydon residents as those on the housing waiting list will eventually directly benefit.

On the key role to be played by councils in housing, John Healey said:

“Today I am giving the green light for councils to start building over two thousand new council homes, backed by £127million Government cash. It means that, despite the tough economic climate, the biggest council house building programme for almost two decades will begin by the end of the year.

“This cash injection, along with plans I have already announced to give councils greater control of their housing finances and more leeway in how they run their waiting lists, means councils are better placed than for decades to meet the housing needs of their communities.”

On the Government’s investment in house building programme, John Healey said:

 “We have committed to use the power of Government investment to help Britain through the recession. This boost for affordable housing will help build the homes we need and it’s also a shot in the arm for the construction industry creating over five thousand jobs. And built to some of the toughest ever standards this is good for the environment and means lower fuel bills for the families who live in them.