Truro awarded £2.45m towards delivering 320 new homes in city centre
The government cash will go towards the Pydar Regeneration Project
Last updated 14th Oct 2021
Truro is getting £2.45m of government funding towards the Pydar regeneration project.
The cash will go towards delivering 320 new homes in the city centre.
The money is coming from the Brownfield Land Release Fund, which was launched in January this year and is worth £75m in total.
It is part of a Government strategy that sees it prioritise building homes on previously developed sites, as opposed to building on the green belt or the countryside.
Truro and Falmouth’s Member of Parliament Cherilyn Mackrory said:
“I am pleased to have seen the plans for the much-needed regeneration of Pydar finally realised under the new Conservative administration at Cornwall Council, and it is good to see the Government recognise this and release funding to go towards this exciting development.”
“I look forward to seeing the plans for Pydar progressing and will continue to work with colleagues in both central and local government to ensure the delivery of this vital site remains a priority.”
Secretary of State for Levelling Up, Michael Gove MP said:
“We are levelling up and backing home ownership in every corner of the country, delivering new high-quality, affordable homes and creating thriving places where people want to live, work and visit.”
“Making the most of previously developed land is a government priority and it will help protect our cherished countryside and green spaces.”