Major funding boost for Medway
Thu 5th December 2019, 11:40 am
Funding of £170m has been successfully secured by Medway Council for major infrastructure developments on the Hoo Peninsula to prepare for thousands of new homes.
The crucial funding has come from the Ministry of Housing, Communities and Local Government from its capital grant Housing Infrastructure Fund (HIF).
The money will help with Medway’s ambitious aim to create new opportunities for homes and growth in this major regeneration area within the Thames Gateway.
Medway Council’s detailed bid focused on improving road and rail connections in and around the peninsula, allowing important infrastructure to be in place before preparing plans to develop 10,600 new homes for the Hoo Peninsula.
Authorities are required by government to set a Local Plan to identify how an area could evolve to meet demands for housing, and provide job opportunities and infrastructure for a growing population.
The Hoo Peninsula plans will be included as an option in Medway’s emerging Local Plan. The authority's plans are supported by both the South East Local Enterprise Partnership (SELEP) and the Hoo Consortium.
Medway Council and Network Rail will discuss how to use the HIF funding to upgrade rail infrastructure, and improve connections from the Hoo Peninsula to neighbouring boroughs. Medway’s roads will benefit from a vital £85.7m to make improvements to the A228 and A289, as well as a new relief road to help ease congestion.
An investment of £14.35m from the funding will be used for country parks on the Hoo Peninsula to benefit wildlife, and provide opportunities to open up the river area.