£10m Of New Home Loan Funding For London

Some £10m worth of new loan finance is now on offer to housing projects in London.  Big Issue Invest (BII) - in partnership with the Greater London Authority - has launched the BII London Housing Fund. The fund will invest £10m as loan finance for 300 affordable homes in the capital over 10 years, whilst also creating work and training opportunities. BII is specifically interested in  innovation, ranging from social sector organisations renovating empty properties to housing associations constructing new homes. Read more on 24dash.

Pioneering Social Housing Project in Notts

Work has just started on a £5.7 million project in Harworth, Nottinghamshire, in what is being billed as the first major social housing project in the district for 35 years. Bassetlaw District Council, A1 Housing and construction company Woodhead are involved in the 43 new homes on Smith Square. The non-traditional 'Airey' houses - a pre-fabricated house built in the 1950/60s – will be replaced with modern, energy efficient homes. Just over £1m of government funding is coming from the Homes and Communities Agency and work began on 1 September. Read more on 24dash.