Housing and the economy in Greater Lincolnshire are inextricably linked contributing substantially to the local economy by creating two jobs for every house built.
Greater Lincolnshire is committed to facilitating housing growth, with Local Plans leading on the delivery of 100,000 new dwellings by 2031.
Much of Greater Lincolnshire enjoys relatively low housing costs, which contribute to making it a great place to live and work. However, the costs of addressing flood risk increases the costs of development and, combined with low values, can make development unviable. LEP investment has targeted this and supported area-based schemes that unblock housing developments to increase the vitality of our area and combine to overcome these issues.
Since the launch of our Strategic Economic Plan, the LEP has already supported the delivery of a number of housing schemes and initiatives to address a number of these issues. Click here to view growth projects.
New housing has the potential to attract and retain the workforce needed to enable growth. Sector activity will generate employment opportunities, attracting workers from local and national labour markets, and we need an attractive mix of starter homes and family housing to enable people and business investors to achieve aspirations within the labour market.
Planned new developments will provide major growth opportunities along nationally important investment corridors.