Government announced today that Lincolnshire County Council has been successful in progressing to the next stage of the Government’s Housing Infrastructure Fund (HIF) bid process.
Working in conjunction with South Kesteven District Council and the Greater Lincolnshire LEP (GLLEP), county council officers prepared and submitted the expression of interest for £70m to offset the cost of the Grantham Southern Relief Road and deliver other growth-related infrastructure projects in Grantham, including a new health centre, new schools and new utilities infrastructure.
Cllr Colin Davie, executive member for economy and place, said: “The fact that we’ve progressed to the next stage of the bid process is very welcome news.
“Grantham, being in such close proximity to London, is ripe for growth in the coming years.
“If secured, this funding will help deliver the infrastructure needed to achieve that growth, alongside contributing to other economic benefits for the town and district, like supporting jobs and the local economy.”
Cllr Richard Davies, executive member for highways, said: “This is great news for Grantham.
“If we’re successful in the next stage of the process, this money would help support local growth in the area, including improving the road network in and around Grantham.
“The next stage of the process will be submitting supporting documentation for our bid, including further details about the infrastructure projects proposed in our initial application.”
The Leader of South Kesteven District Council, Councillor Matthew Lee, said: “We’re glad to have moved on to the next stage in the process. If secured, this investment will help unlock an initial 4,000 new homes as part of the proposed new Garden Village and create major employment opportunities that will support Grantham’s growth over the coming years.”
For the latest news on the Grantham Southern Relief Road, visit www.lincolnshire.gov.uk/majorprojects.