Section: Social Landlords
Affinity Sutton and Circle Housing Agree to Progress Merger Plan
Posted 07.01.16
In December, the Boards of Affinity Sutton and Circle Housing approved a business case to merge and they will now move forward with plans to make a final decision by the summer.
The proposed new group will become one of Europe's largest housing associations, with 127,000 properties providing homes for nearly 500,000 people.
The coming together of Circle Housing and Affinity Sutton will enable the new group to deliver ambitious plans to help combat the housing crisis and increase investment in local communities.
The proposed new group will:
- Deliver 5,000 new homes annually, with 50,000 homes being built in the ten years from 2019, making it one of the largest house builders in England.
- Build homes across all tenures and a range of price points, with a focus on delivering homes for subsidised rent and low cost home ownership for people in housing need.
- Lead on major neighbourhood transformation projects, generating support from both local and national government.
- Through its charitable foundation, become one of the country's biggest providers of employment services, supporting 4,000 residents into work annually.
- Help 200 young people into apprenticeships each year and support 15,000 children to make a better start in life, for example through partnerships with local schools.
