The new town of Cranbrook looks set to be allocated money from a pot of Government cash designated for helping move housing schemes forward.
The Government is putting a total of two hundred and 25 million pounds into proposed or ongoing developments, to keep them on track and help attract private investment.
Cranbrook's project team put in a bid for funding, and have been told they and three other developments are in line for a share of the money.
They're waiting to hear how much has been allocated to Cranbrook,
Three arrested after unrest in Plymouth
Photo released after Plymouth sex assault
Five teenagers arrested after North Devon fire
