A £1bn housing delivery fund, the ‘New Communities
Partnership’, has been launched to help the public sector build 10,000 new
homes across the UK over the next 4 to 5 years. This initiative brings together
Kier Living, The Cheyne Social Property Impact Fund and The Housing Growth Partnership. The
partnership will provide local authorities and housing associations with an
innovative delivery model for building new homes on their own land, giving them
the option to choose between sale and/or rental developments, and offers
significant scope for affordable development. Public sector organisations will
be able to determine the appropriate mix of tenure for their site, including rental
homes and homes for sale, in a model designed to meet the needs of their
specific communities, without the need for grant funding. Read more on the
Planning Portal.
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