The funding will help unlock 5,100 homes and provide infrastructure
Housing secretary James Brokenshire has promised £165m of funding to help deliver the 2022 Commonwealth Games Village.
He said the cash will help build over 5,000 in the city and support wider regeneration of the Perry Barr area through major infrastructure projects.
The Commonwealth Games Village will be home for 6,500 athletes and officials during the Games.
After the Games, the village will provide around 1,400 new homes across a range of tenures – social and affordable rent, homes for sale, and for private rent. The remainder of the homes will be delivered in the surrounding area.
The masterplan for the project, which was designed by Glancy Nicholls Architects, has been submitted for planning. Glenn Howells Architects designed 50% of buildings in the scheme.
Arcadis is carrying out work on the landscaping, with Phil Jones Associates roviding urban design and civils services. Hoare Lea is M&E engineer and Couch Consulting the structural engineer.
Construction on the village is due to begin in 2019.
The government funding will also be used to provide road and public transport improvements including upgrading the railway station.