Waltham Forest was one of just 11 local authorities to receive more than £1million from the fund By Victoria Munro
Some of the money will go towards new blocks at the Priory Court estate (credit: Sixty Bricks)
Waltham Forest Council has received over £1million in government funding to help “transform unused sites into high-quality new homes”.
The second phase of the Brownfield Land Release Fund – allocated by the Department for Levelling Up, Housing and Communities – saw £35m go to 59 projects nationwide.
Waltham Forest was one of just 11 local authorities to receive more than £1m in funding – receiving a total of £1,048,946.
The money will be given to the council’s development company Sixty Bricks to progress its plans to build new homes at Priory Court in Walthamstow and Vicarage Road in Leyton.
The council’s cabinet member for housing, Ahsan Khan, told the Echo: “Like many London boroughs, Waltham Forest is facing a housing crisis, as demand for new homes continues to increase.
“We’ve set ourselves an ambitious target of building an average of 1,800 homes per year and key to this is transforming our brownfield sites. We need to deliver more affordable housing and bring forward general improvements to our local communities.
“It is our current intention that Sixty Bricks, our wholly-owned housing development company will use this funding to transform land to build homes at two of its schemes: Priory Court in Walthamstow and Vicarage Road in Leyton.
“The schemes are at different stages of feasibility and delivery and require further assessment and approvals before proceeding.”
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