GEORGE Osborne’s latest budget will help fight "chronic congestion" and make room for 5,000 homes, according to Barking and Dagenham Council.
Barking Council leader Cllr Darren Rodwell welcomed the chancellor’s backing of an A13 "flyunder" tunnel after he told Transport for London (TfL) on Wednesday to plan the scheme’s funding.
Cllr Rodwell said the tunnel will release land near the A13 to make room for at least 5,000 new homes.
The scheme involves tunnelling a 1.3km section of the A13 between the Lodge Avenue flyover and Goresbrook interchange.
The council believes improving traffic flow on the A13, which serves up to 100,000 vehicles a day, will improve the "notorious bottlenecks" at Lodge Avenue and Renwick Road.
The flyunder, which is expected to cost Â£1billion, is also expected to create 1,200 jobs by allowing more space for businesses and to fast-track up to 30,000 planned homes.
The concept of the flyunder was developed by the council in conjuction with TfL, Havering Council and mayor of London Boris Johnson.