Posted 18.01.17
Chartered Institute of Housing (CIH): Article link
Measures to support the building of new affordable rented homes is 'desperately needed', the Chartered Institute of Housing has said after it predicted nearly 250,000 of the cheapest rented homes could be lost between 2012 and 2020.
CIH made the projections after figures released by the Government last week showed the total number of such homes available at social rent fell by more than 120,000 between 2012 and 2016.
Though 44,600 new homes were built for social rent over that period many more were lost because housing providers have converted them to higher affordable rents to raise extra income or sold them under the right to buy. And CIH is forecasting this will continue over the next four years.
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Posted 06.01.17
JV North: Article link
JV North will invest more than a third of a billion pounds to build nearly 3,000 homes. The consortium received a grant of £87.3 million from the HCA's Shared Ownership Affordable Homes Programme.
Made up of 10 landlords in Liverpool, Manchester, Nottingham and Preston, consortium members will invest £248.2 million of their own funds taking the overall total to £335.5 million.
Of the 2,758 homes to be built over the next four years, 1,269 will be for Shared Ownership, 1,063 for Rent to Buy and 426 as Specialist Housing for Rent.
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Posted 05.01.17
Network Homes: Article link
Network Homes has purchased 0.66 hectares of land in Southall, Ealing, to create a transformational regeneration scheme of circa 500 homes plus substantial commercial space, subject to planning.
The proposed £200 million project will aim for a range of affordable homes for rent and shared ownership, as well as homes for outright market sale.
Start on site is anticipated in spring 2018 with phased handovers of properties between 2020 and 2022.
The site sits in the heart of the Southall Housing Zone and close to the Southall Crossrail station, which will begin running services to central London and Heathrow from May 2018.