Developer pledges to build 2,000 'affordable' homes with HCA's £millions
Published by Max Salsbury for 24dash.com in Housing and also in Central Government, Development, Finance
A constructor has announced plans to build over 2,000 'affordable' homes after attracting £45 million in government funding.
Westleigh Developments Ltd will work in partnership with registered providers across 26 local authority areas in England to deliver 2,185 properties.
The £45m investment is part of the Homes and Communities Agency’s £4.5 billion affordable homes programme, which aims to increase the supply of affordable homes in England between 2011 and 2015.
The majority of the housing projects will be located on brownfields sites, and it is hoped that the programme will result in the regeneration of areas and the creation of new communities.
Gary Turner, Westleigh Developments’ head of investment & partnership, said: “We are proud to announce our commitment to provide more than 2,000 much-needed affordable homes. We have more than 70 new partnership schemes now in planning or on site and set for completion over the next 24 months.
“The demand for affordable homes is increasing and by working with local authorities, RPs and the Homes & Communities Agency (HCA) we are able to bring forward even the most challenging site for re-development, putting brownfield land back to good use for the benefit of local people.
“Our commitment has been rewarded recently with our inclusion in the HCA’s Development Partner Panel for both the Midlands and Northern lots.”