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<p><del class="ministerial">In March 2015 the Greater Manchester Combined Authority
contracted with the Department for a £300 million recyclable financial investment
to accelerate delivery of up to 15,000 homes over 10 years. The Greater Manchester
Combined Authority are aware that, in light of this contract, it will not be possible
for bids from the Manchester area to be accepted for other central government housing
investment programmes.</del></p><p><br /><ins class="ministerial">A £3 billion housing
financial transaction programme is available over the over the next five years to
support small builders and get infrastructure on large sites, this is in addition
to the £300 million Manchester Housing Investment Fund. The Spending Review made £2.3
billion available to support the preparation of up to 60,000 Starter Homes by 2020.
This includes £1.2 billion to prepare more brownfield land for starter homes. Further
details about the use of this funding will be announced shortly. Bids from Greater
Manchester will be eligible to apply for these funds in the normal way.</ins></p><p>
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