Yorkshire Housing welcomes £16m of Homes and Communities Agency funding
Published by Kathy Burke for Yorkshire Housing in Housing and also in Central Government, Communities
HCA grant funding will pay for more new developments like award-winning schme Madeley Road
Yorkshire Housing has allocated £16m of grant funding from the Homes and Communities Agency (HCA) to help it develop new affordable homes in 2015 – 18.
The funding of £25,000 per home will be put towards over 600 new homes, which will form part of a building programme of 1,500 properties over the next three years.
Director of New Business and Development Ged Walsh reflects on Yorkshire Housing’s HCA allocation and explains why building more affordable homes remains a key priority:
We are very pleased to have received an allocation of over £16m from the HCA, when this is combined with our own resources it will allow us to build over £70m of new homes in Yorkshire. This is a big boost to the region’s economy and it will provide over 1000 jobs in the area.
By working with the local HCA office, we are very pleased to have agreed a new programme that works for us and helps to provide new homes at a reasonable cost to the public purse. The confidence the HCA have in us to deliver this programme is a reflection of the close working relationship we have built up over the years.
This allocation means we can go out and commit to sites early and bring forward our plans to build over 600 homes in Yorkshire. We are confident that without grant from the HCA we would provide 1,100 new homes over the three years, but the grant allows us to provide 400 extra, much needed homes.
At Yorkshire Housing we take a very pragmatic view of our role as a socially responsible housing organisation. As well as building more affordable homes over the next three years, our plans include a programme to help our customers back into work and an extensive apprenticeship scheme that takes on 30 new apprentices each year.
We support our customers with an extensive money advice team and offer support through our network of neighbourhood offices and neighbourhood teams.
We are targeting half our new affordable developments at low income working households who earn below the average wage and are finding it impossible to afford a decent home.
We do not see the “constraints” that some see in committing to deliver a HCA investment programme and have always been able to negotiate with the HCA and local authority partners when we need to make changes to our original programme. When we need them to change some of their requirements in order for us to deliver the affordable homes we have found that our partners are willing to listen and understand our needs to do so.
It’s an imperfect world, and while our role is not just about providing more homes, they are a crucial part of helping people into decent housing, employment and a fulfilling life.
We are very keen to continue working with as many people as possible along the way, and know that a little give and take from everyone, including ourselves, will help to make life better for our customers and future customers.