Subscribe to our Construction Newsfeed
UK Construction Directory
Search our 156,822 companies....

Construction News

20/10/2011

Matrix Secures £30m HCA Investment To Build New Homes

Construction News Image
Nearly 1,500 new homes will be built across the West Midlands after the Matrix Housing Partnership secured a £30 million investment from the Homes and Communities Agency (HCA).

The £30m contract is part of the HCA's Affordable Homes Programme, set to deliver 80,000 new affordable homes across England by 2015.

The Matrix Housing Partnership, led by the Accord Group, will develop the homes over the next four years, helping to create much needed affordable housing in the region.

In the UK, social housing lists have almost doubled in the last 13 years, with an estimated five million people now waiting for a home.

Key housing projects that will be partly funded by the grant include the Eastern Gateway development in West Bromwich, which will create 70 homes for rent and outright sale.
-- Advertisement --
hss



Another 80 affordable homes will also be built on the site of the former Marfield School in Redditch, with work anticipated to start later this year.

New homes are also planned for other parts of the region, including Birmingham, Coventry, Dudley, Walsall and Wolverhampton.

Chris Handy, Chair of the Matrix Housing Partnership Strategy Group: "We submitted a high-quality and innovative bid which included a broad range of developments across the West Midlands, so we are delighted to have secured such a significant allocation from the Homes and Communities Agency.

"Building affordable homes for local people is a key priority for us and this grant is testament to our strong delivery record, commitment to partnership working and our ability to provide good quality housing."

Christine Seaton, Area Manager for the HCA, Midlands: "This agreement is great news as it will see much-needed new homes delivered across the Midlands and make a significant difference to the local communities in which we work.

"Our local teams have worked closely with Accord and the Matrix Partnership over recent months to ensure that their programme brings the maximum benefit for local people."

(CD)

Latest Construction News

06/02/2025
Work has officially begun on Burleyfields Primary School, a new educational facility set to open in Stafford for the 2025/26 academic year. The school, located on Martin Drive, will be part of the Creative Learning Partnership Trust, helping to meet the growing demand for school places in the area
06/02/2025
Small businesses in the Tees Valley are set to benefit from new office and commercial space at the Teesworks site, following planning approval from Redcar & Cleveland Council. Teesworks Ltd has secured permission to develop more than 40 hybrid commercial units of varying sizes on the 4,500-acre sit
06/02/2025
The Hill Group and Lloyds Living have celebrated a major milestone in the construction of Nexus, a 264-home Build-to-Rent (BTR) development in Stevenage town centre, with a traditional topping out ceremony. This marks the highest point of construction for the project, which is Hill's first BTR ven
06/02/2025
Housebuilder The Hill Group and Sovereign Network Group (SNG) are expanding their strategic investment partnership to accelerate the delivery of much-needed new homes across England. The Sovereign Hill Partnership, formed in November 2023, has proven to be a highly successful model of joint ventur
06/02/2025
Construction is now underway on a £23 million refurbishment project to create a new specialist education school for Coventry City Council at the former Woodlands School site. Clegg Construction has begun the redevelopment at the Broad Lane, Eastern Green location. The new facility will provide much
06/02/2025
Network Rail has entered the next phase of construction on the Mid Cornwall Metro (MCM), a transformative project designed to enhance coast-to-coast rail travel in Cornwall. Funded by the UK Government and Cornwall Council, the MCM is being delivered in partnership with Great Western Railway (GWR).
06/02/2025
A major milestone has been reached in the construction of Lighthaus, Starlight Investments' flagship build-to-rent (BTR) development in Liverpool Waters, as partners Starlight Investments, X1, Vermont and Peel Waters celebrated its topping out ceremony. Standing 31 storeys tall, Lighthaus is set to
06/02/2025
Vistry Group has secured a 16-acre site in Bulkington, near Bedworth, with plans to build 149 new family homes. The development, named St James Gate, has received full planning permission from Nuneaton and Bedworth Borough Council and will bring a mix of one-, two-, three-, and four-bedroom homes
05/02/2025
Stockport Mayoral Development Corporation (MDC) and ECF, a joint venture between Homes England, Legal & General, and Muse, have selected Vinci as the preferred contractor for Phase 1 of Stockport 8, a £350 million residential development west of Stockport town centre. The decision follows a competi
05/02/2025
Vistry Group has finalised contracts for a significant housing development in Hinckley, Leicestershire, securing outline planning permission to deliver 475 new homes in the area. The development, located east of Stoke Road and north of Normandy Way in the town's northern region, has a projected val
Think Construction Skills Ltd.Lakeside HireAqua Direct LtdT & D Glazing And Installation LimitedBRICOFLOR UKEfco UK LtdStuart CanvasRapid Access LtdFrametech Essex LtdKAS Shopfittings