Affordable housing, improved public transport, and adult skills training will be delivered across the region as the benefits of devolution bring additional government funding to parts of the Yorkshire Coast.
Affordable housing, transport improvements, and adult skills training will expand across the region as additional government funding flows into parts of the Yorkshire Coast.
Significant investments are being directed towards the area following the establishment of the region's devolution deal. A strategic place partnership has been signed with Homes England, which is now dedicating more time, capacity, and resources to local priorities. This collaboration aims to ensure the right homes are built in the right places, with a specific focus on affordable and social housing.
These initiatives will be further supported later this year when partnerships with both Homes England and the National Housing Funding are strengthened, aiming to increase the focus on devolution in local areas.
Private sector backing is also being actively pursued to deliver key infrastructure. An investment prospectus, directly targeting private investors, was launched at an Investment Summit in May, which serves as the UK's largest housing infrastructure conference. Regional officials are continuing to work closely with the government ahead of 28th October, when a white paper setting out the devolution roadmap will be published alongside the national budget.
North Yorkshire's Mayor, David Skaith, revealed how the changing political landscape and the region's established status are opening doors for greater local control over finances:
"We have a new Prime Minister and his ambition to rewire the state and the stronger ambitions for devolution [is] certainly a step change in pace and depth of devolution. And including that with our established status means we are in much further conversations around things like how we can maintain a share of local business rates and income tax. Taken together these few things piece more together, it really gives us much stronger opportunities for York and North Yorkshire and it really builds on the success over the last couple of years so far. Since we were established, you maybe remember that the headline funding devolution deal we received was £540 million over 30 years."
The initial long-term devolution agreement laid the groundwork for regional investment, but additional grants and pilot schemes have already been secured to tackle specific local challenges, including health barriers to employment and sustainability goals.
Mayor Skaith added:
"Since then, we've actually received further funding. So examples of those is the long-term transport settlement, which we got for 4 years, alongside a bespoke pilot with DFT, the Department for Transport, looking at a bus franchising pilot. We also received a trailblazer pilot from the Department of Net Zero, working with both local authorities to explore the potential to attract further investment into our sustainability agenda. Alongside the Adult Skills funding we received, we also attracted a further £10 million per year in the Skills trailblazer, which is working intensively with those people who have a barrier to work a lot of time health barriers. We also secured dedicated funding to invest in a cons into construction skills, one of the key barriers to building the 60,000 homes over the next decade that we are working to deliver."
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