Manchester City Council

News Stories Good Growth, Good News: £86m boost for affordable housing and regeneration in Manchester

Greater Manchester Mayor Andy Burnham confirmed that Manchester will benefit from a further £86m from the city-region fund.

£26 million announced for Wythenshawe will deliver 423 new homes on brownfield sites in Wythenshawe – 233 for social rent, 109 ‘extra care’ homes to support those with additional needs and 81 affordable homes.

This will contribute towards the wider masterplan for Wythenshawe which is seeing the town centre transformed. As well as up to 2,000 new homes, this involves new facilities being created including a Culture Hub and Food Hall and improved outdoor spaces for people to enjoy.

A further £60 million will fund a new Metrolink stop at Sandhills in Collyhurst, north Manchester, providing a vital transport link to unlock future phases of regeneration for the community.

More than 2,500 new homes, including significant levels of council and social homes, will be created alongside new shopping facilities and other amenities including good quality green spaces.

The new housing is part of the huge Victoria North programme which is delivering more than 15,000 homes across seven north Manchester neighbourhoods.

The latest funding follows around £200 million of investment in Manchester through the previous round of the Greater Manchester Good Fund announced in November last year.

That announcement also included funding to support other affordable housing in Victoria North (622 new homes with at least 20% affordable) and the city centre (126 homes – at least 20% affordable - in Postal Street in the Northern Quarter being created by the Council’s housing delivery vehicle This City.

Manchester is also building more homes – and crucially more genuinely affordable and Council housing – than at any point in more than a decade. Quality housing is being delivered across the city to meet the needs of our residents, creating excellent neighbourhoods that our residents want to live in – while helping to surpass the targets set in the ambitious 2022 to 2032 housing strategy. 

The previous round of funding also included funding to help support commercial schemes in growth sectors such as life sciences and advanced manufacturing, helping create and support jobs for Manchester people in places such as MIX Manchester in Wythenshawe near Manchester Airport.

Council Leader Cllr Bev Craig, who is also the portfolio leader for Good Growth for Greater Manchester, said: "Manchester’s economy is growing faster than the rest of the country. We don’t believe in growth for growth’s sake. Good Growth is growth which builds the homes our people need and can afford, and creates thousands of news jobs and other opportunities for our residents.

“The announcements today for Manchester show that the innovative GM Good Growth Fund is not just supporting specific schemes but is also backing that wider vision.

“Across the city, we’re investing in our neighbourhoods and we’re also well on course to meet or exceed our target of 10,000 new council, social and genuinely affordable homes by 2032.

“We welcome the support of the Mayor and Greater Manchester Combined Authority to help maintain this positive momentum.”