Press release

Homes England confirms new wave of strategic partners

Seven more strategic partnerships with housing associations across England are confirmed by Homes England today, which will deliver an additional 13,475 affordable homes by March 2022.

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The partnerships, which were announced as part of the Budget 2018, will secure a total of £653 million in grant funding from the Affordable Homes Programme to deliver affordable homes through housing associations. The deals include homes for social rent in areas of high affordability pressures.

The housing associations for this new wave are:

Platform Housing Group (following the merger of Fortis and Waterloo Housing Associations on the 1st October); Guinness and Stonewater (in partnership); Optivo; Southern Housing Group; Orbit; Thirteen; Vivid.

These are in addition to the eight housing association deals announced in early July - bringing the total number of additional affordable homes that will be delivered to 27,755.

Jackie Jacob, Homes England General Manager for Affordable Housing Programmes said:

“Homes England is working with housing associations across England who are prepared to be more ambitious to significantly increase housing delivery and we welcome these seven new partnerships announced in the Budget 2018.

“We have challenged housing associations to respond to a new way of engaging strategically with Homes England and the response has been excellent - we hope to be announcing more partnerships between Homes England and housing associations in the coming months.”

ENDS

For further media information please contact: Homes England press office on 0207 393 2201 or Patsy Cusworth on 0796772328 or patsy.cusworth@homesengland.gov.uk

NOTES TO EDITORS

Strategic Partnerships

Partnership Grant No. of additional affordable starts to March 2022
Platform £71.8m 1,800
Guinness & Stonewater £224m 4,500
Optivo £44.9m 1,000
Orbit £128.8m 2,762
Southern £55.1m 1,005
Thirteen £40m 1,000
Vivid £88.2m 1,408

About Homes England

Homes England is the Government’s housing accelerator. We have the appetite, influence, expertise and resources to drive positive market change.

By releasing more land to developers who want to make a difference, and investing in places of greatest need, to deliver new homes. Homes England welcomes partners who share their ambition to challenge the traditional norms and build better homes faster.

For more information click here or follow us on Twitter.

Published 31 October 2018