GREATER Manchester leaders have given the go head for investment in 24 new homes in Trafford.

A development on Northenden Road in Sale will be given nearly £7m worth of loans from the Greater Manchester Housing Investment Fund.

Two other Greater Manchester schemes - at the St Stephen’s Church site in Hyde and Islington Wharf in Manchester - will also be given loans from the fund. That takes the total from the three projects to £20m.

Cllr Richard Farnell, Greater Manchester Combined Authority lead on planning and housing, said: “Investment in new housing is investment in Greater Manchester’s economy, providing much-needed quality housing for our residents and workers while supporting local house builders.

“The Greater Manchester Housing Fund has provided us with the tools to kickstart new developments, with more than £100m now committed. We’re pleased to be able to support these three schemes, highlighting the importance of taking decisions locally for the benefit of local people.”

The Greater Manchester Housing Fund was established as part of Greater Manchester’s devolution deal to provide investment that could kickstart stalled housing projects and support developers in delivering new homes across the city region.

The Housing Fund has committed more than £100m in housing projects across Trafford, Oldham, Manchester, Bury and Salford.

The Sale investment provides £6.9m to Azar Estates Ltd to build 24 houses on the site on Northenden Road, Sale.