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<p>The public funding for the 2022 Commonwealth Games was announced on 25 June 2019
and will be £778m. This funding will be split approximately 75%/25% between investment
from central government (£594m) and Birmingham City Council and a number of its key
partners in the region (£184m). Further funding will be raised from commercial revenue.
This funding includes public contribution to the stadium and aquatics centre which
are both currently subject to commercial negotiations.</p><p>A number of other infrastructure
projects with funding from other sources will deliver benefits for the Games. These
include a £496m development of 1,400 new homes at Perry Barr, which will include government
funding of £165m from the Ministry of Housing, Communities and Local Government, with
the remainder coming from BCC and its partners, which will serve as the athletes’
village.</p>
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