Housing Minister Kris Hopkins has welcomed a deal that
will get nearly 500 homes built specifically for private rent. This is the
fourth deal under the Government’s £1billion Build to Rent scheme - and the largest
to date. Overall through this innovative new fund, work will be underway on
10,000 new homes for private rent by 2015. Under the terms of the deal, Genesis
Housing Association will receive £45.5million to build 485 homes for private
rent across four sites in London and Chelmsford. The homes will be a mix of one, two and
three-bedroom properties. Read more on the HCA website.
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