Today Sheffield City Council has announced that they will be spending £67m on two new neighbourhoods at Furnace Hill and Neepsend.
The council announced the funding at the Convention of the North event in Leeds today.
The money has been allocated to bring in 1,300 new homes, commercial spaces and to lead major redevelopment of these areas.
Councillor Tom Hunt, Leader of Sheffield City Council, said: “This major investment will help to create two new city centre neighbourhoods on brownfield land.
“Importantly, we have also put down a marker for support from the next round of the Government’s Affordable Homes Programme, to ensure a minimum of 20% of these new homes is truly affordable accommodation which is within the reach of everyone.”
This was announced on Twitter and Facebook and so far the community has had mixed reactions.
One user said: “Another 1,300 over-priced homes that no one will be able to afford due to the area they are being built in.”
Rob Wilson said: “This is good news. For once. I’m assuming most of the housing will be classed as affordable housing which again, is good news.”