answer text |
<p>The South of Clifton Housing Infrastructure Scheme in Rushcliffe, for which the
local authority requested £10 million of Marginal Viability Funding, has completed
funding clarification. My Department will be notifying the local authority of the
outcome very shortly. Nottinghamshire is also one of the 45 areas across England with
whom we are working to co-develop Forward Funding projects with up to £4.6 billion
of funding available to unlock a potential 450,000 homes in areas where housing need
is greatest. For Forward Funding schemes in co-development, there is no guarantee
of funding. It is still a competitive process, and following co-development, these
areas will be required to submit business cases prior to final funding decisions being
made.</p>
|
|