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Salford PFI scheme to go ahead



Housing minister Grant Shapps has signed off an investment programme for Pendleton in Salford, Greater Manchester, which will see 1,600 homes built as part of a major regeneration scheme.



Salford’s plans survived last October’s government comprehensive spending review, in which housing private finance initiative projects were put on hold, nationally.



Salford council will now put together a full business case to submit to the government for further review.



A decision is expected in the next few months after, which a preferred bidder to carry out the work will be chosen.



Peter Connor, Salford city council’s lead member for housing, said: “Our plan for Pendleton will give residents a better choice of affordable housing and we’re pleased the government supports us in what we’re trying to achieve.



“There is still lots to do but this news allows us to move to the next stage, which is to submit further plans to the government so we can move to financial close and start work.”



daniel.cunningham@estatesgazette.com



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