Sunday, April 28, 2024

North Yorkshire calls for expressions of interest in almost £20m of housing investment

A multi-million pound call for projects in York and North Yorkshire has been launched today with a call for expressions of interest in two funds. The £12.7m York and North Yorkshire Brownfield Housing Fund aims to support the building of up to 1,000 homes, and the York and North Yorkshire Net Zero Fund offers £7m of funding to develop and deliver a pipeline of net zero projects in the region. Funding is open to private and public sector organisations.

The funding forms part of the York and North Yorkshire devolution deal and is subject to the deal securing necessary approvals. If devolution is agreed, the funds will be administered by a new Mayoral Combined Authority.

The York and North Yorkshire Brownfield Housing Fund aims to unlock housing development on brownfield land, with building starting on site no later than March 2025. Priority will be given to schemes that help deliver affordable, accessible and low carbon housing, creating sustainable and high-quality places.

The York and North Yorkshire Net Zero Fund will invest £1m to support the development of new net zero projects from “idea to investor ready”. An additional £6m capital will enable the delivery of net zero projects that otherwise would not happen. Projects will support the implementation of York and North Yorkshire’s Routemap to Carbon Negative, York’s Climate Change Strategy and the forthcoming North Yorkshire Council Climate Change Strategy.

Webinars for prospective applicants will be delivered by the Y&NY LEP. These sessions will include an introduction and overview of the relevant fund including its purpose and priorities. This will be followed by a closer look at the timeline and assurance requirements and a run-through of the application.

Webinars are planned for Thursday this week (net zero) and Friday 13th January for the Brownfield Housing Fund.

Further information can be found at the ynylep web site.

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