More than 150 stalled construction jobs across the UK are set to receive almost Â£450 million in funding from the Homes and Communities Agency (HCA).
Its Kickstart Programme will spend Â£207 million to directly fund the construction of more than 6,500 houses in 93 different projects, while a further Â£240 million is earmarked to be spent once 63 of the approved construction jobs are further assessed.
Sir Bob Kerslake, chairman of the HCA, said that he was delighted the agency could play a key role in getting so many construction jobs back on their feet.
“The due diligence process has been a thorough and challenging one for all involved but I am pleased that so many good schemes have been confirmed,” he said.
More than 75 of the approved schemes are to offer local labour initiatives or apprenticeships.
Earlier this week, the HCA announced its intention to create nearly 3,000 apprenticeships and local labour initiatives over the next two years through a variety of funding programmes.