Housing group receives £52m to build 1,550 homes
North West social housing consortium JV North has received a grant of £51.6m from Homes England to support the building of 1,552 homes.
The new funding is in addition to the £87.3m JV North received in 2016 in the Shared Ownership Affordable Homes Programme.
The consortium, which is made up of housing associations in Cheshire, Greater Manchester, Preston and Merseyside, will now build a total of 4,310 homes by 2021.
JV North chairman, Nigel Wilson, who is also chief executive at Wythenshawe Community Housing Group, said: “There is a clear need to build more high quality homes quicker than ever before and our members are answering the call.
“Increasing the number of homes being built by over half from our initial allocation is an incredible commitment and makes it one of the biggest grant-funded development programmes in the country.
“We already had an impressive track record of delivery, building the equivalent of one home every working day since forming in 2007, and this improves on the position further.
“In many ways the hard work starts now and it will take a concerted effort to build this many properties in a relatively short period of time, but it is a challenge members are embracing and fully confident of meeting.”
JV North members are building properties for Shared Ownership, Affordable Rent, Rent to Buy and Specialist Housing for Rent.
The additional funding takes JV North and Homes England’s combined investment through the £1bn mark since the consortium formed 11 years ago.
JV North members are Community Gateway Association, Liverpool Mutual Homes, New Charter Housing Group, Sovini, Torus, Trafford Housing Trust, Weaver Vale Housing Trust and Wythenshawe Community Housing Group.
