Magazine article Public Finance

Two More Bids for Eco-Towns

Magazine article Public Finance

Two More Bids for Eco-Towns

Article excerpt

Two further councils have put forward plans to build eco-towns, bringing the total of local authority bids to IL

East Devon and Fareham councils proposed new settlements on the outskirts of Exeter and Fareham, under the second round ofthe scheme.

Ministers want ten eco-towns built or under way by 2020. Four sites were confirmed last July and, in December, nine more authorities or groups of councils submitted bids covering 14 locations. In some areas, as many as four different sites are being considered.

Councils will receive up to £1.5m each, from a pot totalling £10m, to develop proposals and draw up masterplans. The first four eco-town sites, where plans are more advanced, are at North West Bicester in Oxfordshire; Rackheath. Norfolk; St Austell, Cornwall; and Whitehill-Bordon, Hampshire. …

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