Private Rented Housing: Construction – Parliamentary Written Answer

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conditions being met (4 registered providers, 2 public limited companies, 12 private companies, 4 others); 16 bids were withdrawn during the process of scrutiny during the shortlisting; 5 bids from private companies were rejected.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.

HCA Opens Bidding For Remaining £800m of Grant Funding

Housing associations can now bid for the remaining £800m grant available under the 2015/18 affordable homes programme. The cash forms the remainder of the HCA £1.7bn pot of funding, following the allocation of £886m in July. Under the HCA’s grant programme, which covers England but not London, providers are expected to submit bids for schemes they know can be delivered- rather than for indicative proposals. This means more of the money is held back for opportunities that arise over the life of the scheme than in previous years- a process known as continuous market engagement (CME). The £886m allocated in July will support 2,697 schemes providing 43,821 new affordable homes. Find full details on the HCA website.

Government Announces Latest Round of Affordable Homes Spending

Ministers have announced the successful bids for almost 62,000 homes under the first phase of the £23 billion programme, which will deliver 165,000 new affordable homes over 3 years from 2015. Download the initial allocation list – by provider – from the HCA website.