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Region receives £800m housing grant
18/10/2007
Manchester and the north-west have been granted £800 million to build affordable homes and social housing in 2010 and 2011, it has been announced.
Housing minister Yvette Cooper said this represents a 16 per cent increase in funding on current expenditure.
She said that providing affordable Manchester properties for first-time buyers and producing enough social housing stock is a top priority for ministers.
Ms Cooper said: "The north-west needs more affordable, decent homes not just to own, but also to rent.
"We need more low-cost homes and more social homes and we need to work in partnership with housing associations and private developers to create mixed communities."
She also wants Manchester and the north-west to bid for one of the ten eco-towns that Gordon Brown has promised to build throughout Britain.
The cities of Manchester and Salford, as well as Oldham and Rochdale, already receive government money for the renewal of derelict communities in a scheme known as Pathfinder.
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