Boost for 160 homes as Chatham Waterfront gets £2.9m
Published by Brian Church for 24dash.com in Housing and also in Development
Around 160 homes will be developed after Chatham Waterfront in Medway, Kent, got £2.9 million from the South East Local Enterprise Partnership.
SE LEP’s investment in the ongoing regeneration of the Chatham Waterfront area will also help create over 260 new jobs. The funding will be used to improve flood defences in the area and carry out any necessary work to ensure the site is able to support the new development.
The business-led partnership - focusing on economic growth in East Sussex, Essex, Kent, Medway, Southend and Thurrock – is providing the funding through the Growing Places Fund (GPF).
SE LEP Chairman, John Spence, said: "We are committed to ensuring that all areas across the LEP have the support they need to grow, flourish and generate economic growth. The Chatham Waterfront scheme is a key part of the drive to transform the area and help it achieve its full potential."
GPF is a government scheme which is designed to boost economic growth by getting the required infrastructure built to enable the creation of new homes and jobs and get stalled projects moving again.
The South East Local Enterprise Partnership is a partnership of private and public sector leaders working together to create the most enterprising economy in England.