Tuesday, 27 October 2015

HCA Invites Bids For Starter Homes Cash

English councils can now bid for a share of £10m to prepare brownfield sites for new Starter Homes. The HCA and the mayor of London, which administers housing funding in the capital, have today jointly published a prospectus for the first wave of Starter Homes cash. Starter Homes, offered to first-time buyers at a 20% discount, will replace other forms of affordable housing in Section 106 planning agreements. Councils can bid for funds to remediate sites, carry out ecological work, site investigations and demolitions. Download the prospectus from the HCA website.

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