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Funding Boost For New Road

A key transport scheme in Ashford has received a significant boost this week following the announcement it has been successful in a £16.5m Government funding bid.

Victoria Way, a proposed new route linking the International Station and Brookfield Road by Matalan, is one of 29 projects across the country to benefit from the £170m Community Infrastructure Fund (CIF).

CIF is a joint Communities and Local Government and Department for Transport fund for transport schemes that support housing growth.

Judith Armitt, Managing Director of Ashford’s Future, said: “The new Victoria Way will play a key part in the transformation of the town centre by allowing it to grow and thrive. We are delighted the Government has recognised the importance of the project by matching our funding request, which represents the second highest award in this funding round.

“We believe the whole area will benefit as it will provide a new route to access the town centre and station and will open up the whole area for future development including new shops, restaurants and cafes and homes.”

Housing Minister Margaret Beckett said: "This funding will help to deliver new homes that we desperately need to meet long term demand from first time buyers and families on waiting lists. We know that good transport links are vital to successful communities and these projects will unlock the potential for new housing where it is needed.

“By investing today in tomorrow's infrastructure we are helping to ensure the foundations are in place to support economic recovery, while also creating and safeguarding jobs right now."

Transport Minister Paul Clark said: "I am delighted by the quality and range of schemes that we are funding. Around 60 per cent of the schemes that we are supporting include sustainable transport initiatives - reflecting a real commitment to supporting housing growth through sustainable means.

"Transport is essential to supporting housing growth and the Community Infrastructure Fund is real evidence of the significant focus that Government places on this critical policy."

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09/04/2009

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