Emma Reynolds:
To ask the Secretary of
State for Communities and Local Government, how many applications under the
Build to Rent scheme have been (a) received, (b) accepted and (c) refused from
(i) private developers, (ii) housing associations, (iii) housing co-operatives,
(iv) local authorities and (v) other entities.
Brandon Lewis:
In the first round, the HCA
shortlisted 43 bids: 22 were approved subject to conditions being met (4 registered
providers, 2 public limited companies, 12 private companies, 4 others); 16 bids
were withdrawn during the process of scrutiny during the shortlisting; 5 bids
from private companies were rejected. In the second round, 36 eligible bids
were originally shortlisted (1 registered provider, 5 public listed companies,
26 private companies, 4 others); 3 private bids have been approved so far; the
consideration of the other shortlisted bids is ongoing. We estimate that the
Fund will this year be committed in full, and I can confirm that the programme
is on course to meet our 10,000 homes target.
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