Cheltenham Borough Council’s flagship and pioneering Golden Valley Development will get a share of new £15m Government funding.
The money, announced by housing minister, Stuart Andrew MP, will support the delivery of new homes and jobs in garden communities across England.
The borough’s plan for a vibrant garden community, integrating hi-tech business, residential and leisure developments, will provide 3,700 low-carbon homes and more than 12,000 jobs. At its heart will be Cyber Central: the UK home of cyber, digital and creative sectors, arising from Cheltenham’s international reputation for leadership in cyber innovation.
Councillor Mike Collins, cabinet member cyber, regeneration and commercial income, said: “This additional funding is a recognition of central government support for the borough’s plans. It will enable us to strengthen work streams in the project’s final feasibility and pre-delivery phases as we, the council, work to create a stronger community, providing high-quality homes and a long-term plan for jobs and educational learning pathways.”
The Department for Levelling Up, Housing and Communities’ announcement follows the Government’s Levelling Up and Regeneration Bill introduced to Parliament last week.
Housing minister Stuart Andrew said: “Building beautiful new homes in the places they are most needed lies at the heart of the Government’s levelling up mission.
“Garden villages and towns are perfect examples of the vibrant, green communities we want to see right across the country and today’s funding will allow us to work hand in hand with local leaders and industry to deliver the high-quality new homes that we need.”