Laura Sharman 04 June 2020

Homes England agrees deals worth £300m

Homes England has agreed three funding packages worth £300m to deliver 20,000 homes across the capital.

The loan funding from the government's housing agency will accelerate construction in Brent Cross, Silvertown and Barking Riverside.

The funding will enable the schemes to invest in necessary infrastructure to speed up the construction of thousands of new homes.

Gordon More, chief investments officer at Homes England, said: 'By investing in projects on this scale and allowing funding to be recycled into future phases of development, we are able to support significant schemes where commercial lenders may not.

'This means these three major developments can invest in the infrastructure they need to deliver in these uncertain times and accelerate the delivery of new homes.'

In Brent Cross, £148m will fund the land and infrastructure works needed to unlock the delivery of 6,700 homes.

At Silvertown Quays, a £105m debt facility to unlock a minimum of 3,000 new homes.

At Barking Riverside, a funding package worth £56m will deliver upfront infrastructure at Barking Riverside, a 179-hectare development of over 10,000 new homes.

SIGN UP
For your free daily news bulletin
Highways jobs

Executive Director of Place and Customer

Essex County Council
up to £179,404 per annum
Shape the Future of Essex. Drive climate action. Deliver for our communities. Essex
Recuriter: Essex County Council

Director of Social Work and Social Care

Trafford Council
£100,731 to £104,625
You will join a values-driven senior leadership team, providing visible and responsive leadership. Manchester
Recuriter: Trafford Council

Customer Services Assistant

Essex County Council
Up to £25081.00 per annum
Customer Services AssistantPermanent, Part Time£25,081 per annumLocation
Recuriter: Essex County Council

Complaints Officer / Regulatory and Compliance Officer

Essex County Council
£26635.00 - £31335.00 per annum
Complaints Officer / Regulatory and Compliance OfficerPermanent, Full Time£26,635.00 to £31,335.00 per annumLocation
Recuriter: Essex County Council

Senior Litigation Lawyer

Broxbourne Borough Council
£53,506.44 p.a
Are you ready to take your legal career to new heights.. Broxbourne, Hertfordshire
Recuriter: Broxbourne Borough Council
Linkedin Banner