The authority has already made £6m available for the brownfield development, The West Works, on a previous car factory in Longbridge — the development will consist of 350 new homes and 900,000 sq ft of commercial space.

The £1bn regeneration scheme also includes cycling tracks, walking routes and a re-naturalised River Rea.

The additional £200m pledged across the west Midlands will mean the creation of 2,400 affordable homes.

According to the WMCA affordable homes have made up 33% of the residential developments supported by the authority since 2018 — schemes receiving investment from the WMCA must make a minimum of 20% of the homes affordable.

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Andy Street, mayor of the West Midlands, and chair of the WMCA, said: “We have used the hundreds of millions of pounds secured from government over the last six years to relentlessly deliver on our brownfield first commitment.

“This has helped transform dozens of former industrial sites – including Longbridge’s West Works – into quality, affordable homes and decent jobs for local people — this approach has also helped protect our precious green belt from the bulldozer.

“But this is just the start. With another £200m now available to regenerate even more brownfield sites, we are ready to double down and deliver even more affordable homes and quality jobs.”