HCA has announced deal to build new homes in Greater Manchester and Merseyside
More than 900 new affordable homes are to built in the North-west by social housing consortium JV North under a £104m programme, the Homes & Communities Agency has announced.
As part of the 905-home deal, which covers Greater Manchester and Merseyside and is due to be completed in 2015, the HCA has invested £20m through the Affordable Homes Programme .
Of the 905 homes, 744 will be available at affordable rent rates and 161 will be shared ownership units.
The £20m HCA investment will be distributed to JV North consortium members depending on the number of homes being built, which are as follows:
• New Charter Housing Trust: 317 homes
• Helena Partnerships: 226 homes
• Liverpool Mutual Homes: 74 homes
• Parkway Green Housing Trust: 68 homes
• Trafford Housing Trust: 198 homes
• Weaver Vale Housing Trust: 22 homes
Trafford Housing Trust’s Calder Court scheme is expected to be the first development with work due to start in January next year and completed towards the end of 2013.
JV North chairman and Helena Partnerships’ chief executive, Rob Young, said:
“JV North has a proven track record of delivering high quality social housing and the HCA grant provides us with another opportunity to develop housing in the North-west and cater for the high demand in the region.
“The next four years will see JV North members building modern, energy efficient homes for local people and the Affordable Homes programme will also allow us to extend the range of tenancy options making housing available to more people in our communities.”
Deborah McLaughlin, executive director North-west at the HCA, said:
“This agreement is excellent news as it will lead to the delivery of vitally important new homes and make a great difference to the lives of many families across Greater Manchester and Merseyside.
“We have worked closely with JV North over recent months to make sure that the programme brings the maximum benefit for local people.”