Corby's Prior's Hall development gets kick-start
Building work on a housing development in a Northamptonshire town that stalled because of the credit crunch is set to restart in the summer.
Outline planning permission for 5,100 homes at Prior's Hall Park in Corby was granted by Corby Borough Council.
The first people moved in in 2010, however only about 200 houses were built and 147 are currently occupied.
Now new investment has been found, and building work is expected to begin again in June.
Developer BeLa Partnership has been awarded £5m by the Homes and Communities Agency to fund infrastructure works.
A spokesman for BeLa said about 140 new houses should be built over the next 12 months.
Building companies Barratt and Taylor Wimpey are involved in the project.
Councillor Tom Beattie, leader of the borough council said: "This secured funding for Prior's Hall Park shows clearly that there is still strong confidence in Corby as a place of development and investment."