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Mon June 14 2021

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Social housing group steps up build programme

26 Oct 16 Northwest social housing consortium JV North is investing a further £44.2m to build 429 more homes by April 2018.

Homes built by JV North member Liverpool Mutual Homes
Homes built by JV North member Liverpool Mutual Homes

The new homes are in addition to the 1,745 already planned in its 2015/18 Affordable Homes Programme. The 25% increase follows an additional allocation of £13.4m from the Homes & Communities Agency (HCA).

JV North is made up of 10 social housing landlords in Lancashire and Merseyside, who are adding an extra £30.8m of investment from their own resources for the increased build programme.

Members - made up of landlords in Greater Manchester, Liverpool and Preston - will supplement this with.

It means that overall, JV North will now build 2,174 homes in the 2015/18 programme and has received grant of £48.2m from the HCA. In total, consortium members will invest £192.7m and the programme value is now £240.9m.

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Latest figures show that JV North has completed 220 new homes so far in the 2015/18 Affordable Homes Programme (representing a spend of £16.3m) and consortium members have started on site building a further 671 properties.

JV North chairman Nigel Wilson, who is also chief executive of Wythenshawe Community Housing Group, said: “The speed at which members are delivering homes in the 2015/18 Affordable Homes Programme is excellent. Even better news is that our ability to deliver and commitment to building has been recognised by the HCA and we’ve received additional grant of £13.4m to build 429 more homes – a really significant increase.

“It stems from good management and delivery that spans many years. Members completed their allocations ahead of schedule in the 2011/15 programme and this enabled them to drawdown funding early in this round, which is why 220 homes have been completed already.”

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