HCA Affordable Rent progress
The Homes and Communities Agency has signed Affordable Rent contracts with six more housing providers worth around £67 million.
Accord signed the largest of the deals, committing to 1,290 units in the Midlands and 172 in the South-west with an allocation of £30 million.
Radian has signed a contract for £20.4m for 1,598 units predominantly in the South-west.
Genesis will deliver 285 units in London with an HCA allocation worth £9.6m.
The HCA will provide £6.48m for Wandle Housing Association’s 320 London units.
Manningham Housing Association has signed has committed to 76 units in North-east Yorkshire and Humber for £2.1m
And the Wirral Partnership Homes will build 400 units in the North-west but has not received any allocation.
The HCA’s Affordable Rent programme will see 146 providers share nearly £1.8bn to build 80,000 homes overall.
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