The 2020 Budget has set out a comprehensive series of measures and considerable investment in infrastructure and housing much of which aligns with and supports Councils that are bringing forward ambitious growth proposals.
Over £700m of funding from the Housing Infrastructure Fund (HIF) was awarded to a number of projects where Hyas are currently or have been providing direct support and advice to the relevant Councils and local partners. Successful awards include:
- £272m HIF funding for Colchester Braintree Borders Garden Community. Hyas supported the preparation and consideration of the bid and have an ongoing role in providing strategic planning, masterplanning and viability advice to the North Essex Garden Communities programme;
- £172m HIF funding for Harlow & Gilston Garden Town. Hyas are supporting East Herts District Council to determine planning applications related to the 10,000 unit Gilston scheme;
- £170m HIF funding for Aylesbury Garden Town. Hyas are providing strategic advice and project management to the Aylesbury Garden Town programme; and
- £95m HIF funding for Milton Keynes East. Hyas provided support to Milton Keynes Council with initial stakeholder visioning for the site and are currently providing support relating to the Councils future MK2050 growth strategy.
The above awards are additional to previous successful HIF awards to Hyas projects at St Cuthberts Garden Village, Tendring Colchester Borders Garden Community and in Mid Devon.
The Budget also announced plans to explore the case for up to four new Development Corporations referenced in relation to Bedford, St Neots/Sandy, Cambourne and a potential New Town in Cambridge. This reaffirms the potential role that such models of delivery may need to play in bringing forward strategic growth across the Oxford to Cambridge Arc. Hyas are working with several Councils to explore the use of the delivery model at a local level across a number of locations.