UK
Ireland
Scotland
London
Construction News
21/10/2008
Corporation Supports Strategic Partnership To Boost Affordable Housing Supply
.gif)
The Housing Corporation's National Clearing House has funded Bloor Homes and housing association Sanctuary Group to deliver 335 affordable homes with another potential 700 in the pipeline.
Following discussions with Bloor and Sanctuary during the summer, support was given to a wide range of proposed schemes.
Allocations have since been made to fund 335 homes across the country at a total social housing grant cost of £13 million.
The Housing Corporation is now in discussion with Bloor Homes about the submission of a next stage National Clearing House bid for some 700 homes which, if successful, will stimulate further construction activity which might otherwise not have proceeded.
Housing Corporation Director of Investment Richard Hill said: "The Housing Corporation is very pleased with the successful outcome of this early National Clearing House bid, and the constructive working relationship which has been forged with both Bloor Homes and Sanctuary Group. It is exactly what we were looking for when we launched this process.
"The outcome of the initial bid has met a key objective of the National Clearing House process – that of adding to affordable housing delivery at the right price and offering a positive solution where developers have unsold stock available. The deal includes a significant proportion of family houses.
"Very importantly, the successful outcome of the initial bid will now allow us to move on and consider bids to build out schemes which may not otherwise have gone ahead - maintaining affordable housing supply and retaining capacity within the construction industry."
Bloor Homes Group Head of Affordable Housing Ken Allen said: "Bloor Homes is delighted with the relationship it has forged with the Housing Corporation and Sanctuary Group in progressing phase one. We have been most impressed with the speed of decision making and the approval process of all parties.
"This excellent working relationship and the ability of all involved to remain flexible in their approach, has been a key factor throughout. Facilitating the delivery of 335 affordable homes across 19 sites, located throughout the country, was certainly aided by the use of the National Clearing System, which gave us a central focal point to co-ordinate our discussions."
(CD/JM)
Following discussions with Bloor and Sanctuary during the summer, support was given to a wide range of proposed schemes.
Allocations have since been made to fund 335 homes across the country at a total social housing grant cost of £13 million.
The Housing Corporation is now in discussion with Bloor Homes about the submission of a next stage National Clearing House bid for some 700 homes which, if successful, will stimulate further construction activity which might otherwise not have proceeded.
Housing Corporation Director of Investment Richard Hill said: "The Housing Corporation is very pleased with the successful outcome of this early National Clearing House bid, and the constructive working relationship which has been forged with both Bloor Homes and Sanctuary Group. It is exactly what we were looking for when we launched this process.
-- Advertisement --
"The outcome of the initial bid has met a key objective of the National Clearing House process – that of adding to affordable housing delivery at the right price and offering a positive solution where developers have unsold stock available. The deal includes a significant proportion of family houses.
"Very importantly, the successful outcome of the initial bid will now allow us to move on and consider bids to build out schemes which may not otherwise have gone ahead - maintaining affordable housing supply and retaining capacity within the construction industry."
Bloor Homes Group Head of Affordable Housing Ken Allen said: "Bloor Homes is delighted with the relationship it has forged with the Housing Corporation and Sanctuary Group in progressing phase one. We have been most impressed with the speed of decision making and the approval process of all parties.
"This excellent working relationship and the ability of all involved to remain flexible in their approach, has been a key factor throughout. Facilitating the delivery of 335 affordable homes across 19 sites, located throughout the country, was certainly aided by the use of the National Clearing System, which gave us a central focal point to co-ordinate our discussions."
(CD/JM)
Latest Construction News
29/01/2025
Caddick Construction has been awarded a £43 million contract to deliver the first phase of Cole Waterhouse's flagship regeneration scheme in Digbeth, Birmingham.
The project, known as Upper Trinity Street, marks a significant step in the area’s transformation.
Spanning 182,986 square feet, the re
29/01/2025
McLaren Construction has been appointed by O&H Properties to deliver the first phase of a £60 million Foster & Partners-designed development at the corner of New Bond Street and Grafton Street in London’s West End.
The seven-storey, 5,400 square metre prime retail and office scheme will feature ret
29/01/2025
GMI Construction Group has been awarded a contract to develop three high-specification warehouse units totalling over 175,000 square feet at Precedent Drive, Milton Keynes.
The £20 million project, commissioned by DV5 Last Mile Developments (UK) Ltd, a joint venture between Coltham and Delancey Re
29/01/2025
Plans for 106 sustainable new homes in Southville, a neighbourhood in South Bristol, have been approved as the city seeks to increase housing delivery to address growing demand.
Top 10 award-winning housebuilder The Hill Group will create a £60 million development on Raleigh Road, on land that was
29/01/2025
Bouygues UK has reached a major milestone in the fourth phase of the Hallsville Quarter regeneration project in Canning Town, London.
The project, part of the £3.7 billion Canning Town and Custom House Regeneration Programme, recently held a topping out ceremony, marking the completion of the 11-s
29/01/2025
Willmott Dixon Interiors is carrying out a significant upgrade to the roof of the National Maritime Museum in Greenwich, one of London's most iconic cultural landmarks.
As part of the £12 million project, the company is installing over 23,000 square feet of sun-protected glazing above the museum’s
29/01/2025
Equans has been appointed by Babergh and Mid Suffolk District Councils to carry out crucial decarbonisation work across the councils' housing stock, using funding secured through the Social Housing Decarbonisation Fund (SHDF).
The councils used the South East Consortium's Zero Carbon Framework to s
29/01/2025
In the world of construction, the quest for energy efficiency and sustainability is ever-evolving. Among the array of solutions available, EPS (Expanded Polystyrene) insulation stands out as a versatile and effective option for enhancing the thermal performance of buildings, particularly when used f
29/01/2025
BCP Council has completed significant coastal protection works at Hamworthy Park, ensuring its resilience against erosion for the next 20 years.
A 200-metre stretch of sea wall along the eastern promenade has been reinforced using low-carbon concrete, while new steps have been constructed to improv
29/01/2025
Geo-environmental consultancy and remediation contractor, The LK Group, has strengthened its team with a trio of recruits.
The multidisciplinary company's latest raft of hires comprises a new director, associate director and remediation manager.
The geo-environmental specialist, headquartered i
