FINANCE

County poised to reject £15m grant

Senior Leicestershire CC councillors are poised to turn down £15m of Housing Infrastructure Fund (HIF) cash because the project represents ‘too great a financial risk’.

Senior Leicestershire CC councillors are poised to turn down £15m of Housing Infrastructure Fund (HIF) cash because the project represents ‘too great a financial risk'.

Homes England had offered the grant to help fund the £35m southern leg of the Melton Mowbray distributor road, leaving the council with a £20m bill.

Dan Peters

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