Councils Win Larger Share Of New HCA Allocations

Forty councils will receive funding from the HCA under its 2015/18 affordable homes programme, a big increase over the 19 receiving grant in the 2011/14 programme. They include many ARCH members. Birmingham will get funding for 147 homes, Sheffield for 45 and Epping Forest for 40 grant-aided and 17 nil-grant units. The largest allocations go to stock-retaining councils Hull, for 634 homes, and Leeds, for 408. In addition, 13 London boroughs will get funding for affordable homes from the Mayor of London. These allocations provide further confirmation that councils are planning substantially to increase the number of new homes they are building. Read more on the ARCH website.