Our housing White Paper “Fixing our Broken Housing Market”, published in February, sets out how we will build the homes this country needs. Broadly speaking, we want to do this by diversifying those building homes, increasing build-out rates, supporting homebuyers and releasing more land.
Some 4,500 homes have been built at Beaulieu Park in Chelmsford and another 5,000-plus are planned, but the roads are at capacity and we need a new railway station and a bypass. That is Essex’s No. 1 priority for the housing infrastructure fund. Will the Minister meet me to discuss this important infrastructure to unlock housing?
My hon. Friend is a passionate supporter of new housing for her constituents, which is very welcome. Of course I will meet her . As she knows, I am not able to comment on any particular bids, but I can tell her that there has been a great deal of interest in the £2.3 billion for the housing infrastructure fund.
Thank you very much, Mr Speaker. It is good to be back.
The Government have made remarkable progress in cutting the deficit from the 10.5% of GDP that we inherited in 2010 to 2.5% now. May I therefore urge everyone to back the Secretary of State’s call for special borrowing to put in place the infrastructure that will unlock the hundreds of thousands of extra houses that we need? This is the kind of borrowing that we should all be able to support.
I can tell my hon. Friend that housing associations have hugely welcomed our announcements about rent certainty—social housing rents will rise by the consumer prices index plus 1% from 2020—and the investment of an extra £2 billion, and we are engaged in a constant dialogue with them.