Millions Secured to Fund Midlands Homes
Published by keeley for Longhurst Group in Housing and also in Communities
Midlands developer Blue Skies Consortium has secured millions to boost the number of new homes in the region.
Acquiring over £8.2 million of the fund made available to support new homes across the country as part of the Homes and Communities Agency’s affordable homes guarantee programme, the consortium’s members will deliver 635 new homes by 2016.
Boston based Longhurst Group is a lead partner in the consortium with Nottingham Community Housing Association and co-ordinated the consortium’s bid.
The allocation is the sixth largest nationally, and will promote the building of new homes across Lincolnshire, Nottinghamshire, Leicestershire and Derbyshire to accommodate the growing numbers of people struggling to find a home.
The midlands will benefit from thousands of homes as a result of the funding, accounting for over a quarter of the £220 million national investment. The consortium will be responsible for providing over a fifth of the funded homes in the region and work is already underway on several sites with plans for 160 new homes to be available to families by Christmas 2014.
Longhurst Group and NCHA will be responsible for building and managing the majority of the homes made possible by the funding. Nick Worboys and Alan Fisher, Assistant Directors of Development at Longhurst Group and NCHA explained the importance of the funding: “this sizable funding allocation is exactly what we need to fight the figures; the region is building less than 50% of the homes it needs and as a result homelessness rose 25% between 2009 and 2011. The focus has to be affordable homes but housing associations cannot build enough homes to meet demand without support like the affordable homes guarantee programme. It’s encouraging to see that the drastic shortage of homes in the midlands has been recognised and we’re pleased to be boosting the numbers of affordable homes in the region through our involvement with Blue Skies and our own ambitious development programme.”
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