On Tuesday, June 17, 2025, the Government announced that it was to create a housing bank to drive their ambition to build 1.5m new homes.
Leader of Manchester City Council, Cllr Bev Craig has responded to this positive news. She said:
“We welcome the news that the Government will be making an even greater investment in Manchester helping us to build the homes – and at scale – that our city needs.
“We have a track record in Manchester of being able to deliver on our commitment to providing new homes for residents and with the prospect of improved future investment alongside our local housing strategy, we are meeting our target of helping to deliver 36,000 new homes by 2032 – at least 10,000 of which will be for social rent, Council housing or genuinely affordable homes.
“We look forward to continuing a strong partnership with Government and Homes England to help unlock some important residential opportunities in the coming years – including the future phases of the major Victoria North regeneration programme – that will support our residents into quality homes and onto the housing ladder.”