HCA Announces Successful Bidders for Affordable Homes Funding

Almost 150 housing associations, local authorities, house builders and other providers are set to deliver 80,000 new affordable homes as the Homes and Communities Agency confirmed successful organisations and area-based allocations for its Affordable Homes Programme. The £1.8bn investment programme, launched in February, will deliver more homes than anticipated for Affordable Rent and affordable home ownership due to the quality and quantity of offers made by providers, helping the government to exceed its ambition to deliver 150,000 new affordable homes during the 2011-2015 spending period. It is now anticipated that up to 170,000 new affordable homes will be delivered over that period. Read more on the HCA website.