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Regeneration funding boost

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Tuesday 6 February

£3.5m boost for Queenborough and Rushenden

The Queenborough and Rushenden regeneration scheme has received a £3.5 million boost.

Swale Borough Council bid for the funding from the government’s Housing Infrastructure Viability Fund.

The scheme aims to provide 1,100 new homes alongside a new school, community facilities and new employment, with up to 1.94 million sq. ft. of new floor space.

Work has already begun on the first 101 homes of the scheme, and Homes England has committed to invest in the works needed to begin phases two and three.

The funding helps overcome some of the challenges of developing on this brownfield site, and will pay for demolition works, site remediation, land-raising and drainage improvements on phase four of the scheme. This will mean the site preparation required for regeneration will be bought forward, helping the local area deliver new housing as planned.

Cllr Mike Cosgrove, cabinet member for regeneration at the council, said:

"This is an important piece of the jigsaw for this regeneration scheme, and will prepare the ground for the much needed homes in what will be a vital phase of the scheme.

"By working with in partnership with Homes England and Kent County Council, we’re helping to turn this former industrial land into something with the potential to be of real value to the Isle of Sheppey and will help strengthen its growing reputation as place in which to invest.”

Nick Walkley chief executive of Homes England said:

"Homes England will work with the successful Local Authorities to help ensure that the investment they receive is used as effectively as possible to ramp up the delivery of much needed homes.

"Homes England will offer experience in delivering complex housing schemes and project management skills to help ensure that the new homes are built as quickly as possible and support ambitions for local growth."

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