Roads: Finance

(asked on 24th November 2015) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what contribution the Local Pinch Point Fund has made towards increasing the housing supply.


Answered by
Andrew Jones Portrait
Andrew Jones
This question was answered on 2nd December 2015

The Department is providing £263 million through the Local Pinch Point Fund, targeted at traffic congestion hot-spots, which when combined with local authority and developer contributions is funding schemes costing around £500 million.


Based on estimates from the promoting authorities, many of the schemes awarded funding encourage housing and commercial development around them, with the potential to support around 150,000 new homes and 200,000 jobs.

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