Great Places lands £40m from HCA to build 1,750 homes
GREAT Places Housing Group has secured £40m to build more than 1,751 homes from the Homes & Communities Agency under its Affordable Homes Programme.
The Preston-based social housing provider said the award is the most valuable contract agreed by the HCA to date, and one of the largest allocations that will be made in the North West.
The homes will be built by Great Places and a number of partner organisations over the next four years. The homes will be built across Greater Manchester, Cheshire, Lancashire, Merseyside and South Yorkshire.
The HCA announced a £1.8bn investment programme in February and allocated £188.2m to the North West, which will help to build more than 9,311 new homes in the region.
Great Places’ chief executive Stephen Porter said: “Our allocation is once again one of the very largest in the north. It will allow us to fulfil the need for quality affordable housing and provide people with real homes for the future.
“To receive such large grants shows the high regard Great Places is held in by the HCA.”
Deborah McLaughlin, north west executive director at the HCA, said: “This agreement is one of the most important for the North West to come out of the Affordable Homes Programme and will have a great impact on local communities.”
