A £67 MILLION pot of funding to deliver housing on brownfield land must be used on sites where there is "evidenced market failure."
Last year the Government announced it would give West Yorkshire £67m as part of its "Brownfield Housing Fund" - cash intended to bring long empty sites back into use.
The cost of developing previously used, brownfield sites is often much higher than the cost of developing green sites - making many areas in most need of development unattractive to housebuilders.
The region would get the cash as part of the West Yorkshire Devolution deal.
Housing for eyesore brownfield site in Manningham is approved
In recent weeks West Yorkshire Combined Authority, made up of five West Yorkshire Councils, has agreed a draft funding agreement with the Government over how this money can be spent.
A big condition of the plan is that "Projects must have an evidenced market failure and demonstrate that they cannot proceed without public sector financial support."
The Authority will need to identify all potential development sites by June, and work on the sites will need to begin before April 2025.
A Combined Authority report on the fund said: "Officers are now working with partner councils to finalise local priority schemes that can be realised through the funding."
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