Roads: Finance

Department for Transport written question – answered on 2nd December 2015.

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Photo of Iain Stewart Iain Stewart Conservative, Milton Keynes South

To ask the Secretary of State for Transport, what contribution the Road Investment Strategy has made to increasing the housing supply.

Photo of Andrew Jones Andrew Jones Parliamentary Under-Secretary (Department for Transport)

The Road Investment Strategy (RIS), announced in December 2014, is the biggest upgrade to England’s motorways and major ‘A’ roads in a generation. As part of the RIS, a new £100 million fund dedicated to Growth and Housing was announced. This allows Highways England to help accelerate the progress of key housing and mixed-use sites that have secured planning consent but are not progressing due to the strategic road infrastructure improvements they require.

In addition, many of the major schemes announced in the RIS support economic and housing growth. These include the A5-M1 Link Road, a new Junction 10a on the A14 at Kettering and the A14 Cambridge to Huntingdon scheme. Together, these two A14 schemes support delivery of over 20,000 homes.

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