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MHCLG invites councils to bid for new town ‘seed’ funding

08 November 2019
Milton Keynes: masterminded by a development corporation
Milton Keynes: masterminded by a development corporation

 

The Government has invited councils in England to bring forward proposals to create development corporations that could oversee the creation of new towns on the scale of Canary Wharf and Milton Keynes. 

The Government will provide £10m of ‘seed’ funding over three years (2019/20-2021/22) for councils to draw up proposals for up to ten new communities. 

Applications can be made on a rolling basis. Sir George Iacobescu, the chairman and chief executive of the Canary...

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