The money will fund a new junction and link road off the A50, south of Derby, into Sinfin.
“We are pleased to see that the government have confirmed their commitment to funding for the South Derbyshire Growth Zone, which is an important part of supporting sustainable growth in the south of the county.
“We gained planning permission for the site a few years ago, and we will continue to work with partners in the public and private sector to bring forward these important proposals.
“The plan is to bring forward 4,500 new homes in the Infinity Garden Village and around 3.5 million square feet of employment floorspace which will provide much-needed, good quality jobs and housing for local people.
“The county council’s role is to provide a new junction on the A50 Derby Southern Bypass and a connection through to Infinity Park, Derby which will enable access to the land for housing and employment.
“We will also keep working with our public and private-sector partners on the wider development proposal which includes a new secondary school and a range of options for encouraging sustainable travel within and around the area.
“There is still much to do before actual construction begins on the road but this funding announcement is very much welcomed and is a huge step forward to making things happen."