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The government is to invest 拢600m of what it said was new money into building new homes across England.

Chancellor Sajid Javid said the funding would be available through the Housing Infrastructure Fund (HIF) and help pay for new transport links and schools across five housing schemes.

Javid, who established the HIF when he was communities secretary, said he wanted to see more people realise the dream of homeownership.

鈥淏ut we need the roads, rail links, and schools to support the families living in those homes, which is why I set up a fund to put in place the infrastructure to unlock new homes in these areas.鈥�

The five schemes due to benefit from the latest new government cash are expected to produce almost 50,000 homes.

Speaking about the 拢156m allocated for Meridian Water (pictured) in north London, Enfield council鈥檚 leader Nesil Caliskan said the success of the local authority鈥檚 bid reflected 鈥渢he fact that the government recognises the huge potential鈥� of the scheme.

鈥淭he HIF bid is great example of a proactive council working in partnership with public sector stakeholders including the Mayor of London and the GLA to deliver such a massive scheme and securing the infrastructure money that unlocks it鈥檚 potential,鈥� she added.

Last month the borough called on prime minister .

Caliskan said Enfield, , had already spent 拢250m out of its own resources 鈥渢o drive this project forward鈥�.

She added: 鈥淭his funding will allow us to forge ahead with providing improved infrastructure, including a more frequent train service, which is needed to support this incredible development and deliver real benefits to our residents for years to come.鈥�