sponsored by

Homes England allocate more than £38M for over 2,000 homes
- October 29, 2019

Homes England have agreed a sum of £38.2M in funding which is to be distributed between six local authorities to facilitate the construction of 2,072 homes across the nation.

Homes England have felt it necessary to award this cumulative sum of money in order to speed up the construction of housing at thirteen different sites, across six different local authorities, as a means of making progress towards the government’s housing targets of 300,000 new homes per year by the mid-2020s.

The funding has been awarded through the Government’s £350M Local Authority Accelerated Construction (LAAC) programme which was created to facilitate unlocking public land while also increasing the speed of construction on local authority housing schemes.

Specifically, the funding will be used to establish infrastructure networks which will be essential for the construction of the homes which will span from Somerset to Cheshire.

The local authorities to which the funding will be sent are encouraged the utilise SME construction companies as well as modern methods of construction (MMC) such as factory fabricated components and 3D modular construction.

The local authorities which will receive funding include: North Somerset Council, Bournemouth, Christchurch, and Poole Council, Bristol City Council, Hastings Borough Council, Hull City Council, and Cheshire West and Chester Council.

North Somerset Council will receive £11,344,785 for the delivery of 522 houses while Bournemouth, Christchurch, and Poole Council will be granted a total of £4,303,500 to provide 444 new homes.

Bristol City Council will receive £577,065 for the building of 50 houses and the smallest figure will be allotted to Hull City Council in the form of £362,355 for the provision of 121 homes.

Whereas Hastings Borough Council will gain £6,970,181 to construct 198 dwellings and Cheshire West and Chester Council will be granted £14,677,800 to build 737 homes.

The Chief Land and Development Officer at Homes England, Stephen Kinsella stated: “This funding will enable local authorities to prepare their sites for development and to bring forward the construction of homes. New homes will then be built out at pace using modern methods of construction.”

If you would like to read more articles like this then please click here.

The post Homes England allocate more than £38M for over 2,000 homes appeared first on UK Construction Online.