Longhurst Group and NCHA to receive £230 million Government funding to build new affordable housing
Longhurst Group and Nottingham Community Housing Association (NCHA) will receive £230 million in Government funding after once again being selected as a Homes England strategic partner.
The funding is part of an £8.6 billion funding package, which is being allocated across 90 strategic partners as part of the Affordable Homes Programme between 2021 and 2026.
Our joint application with NCHA will see a total of 3,935 new affordable homes being built over the coming years.
Marcus Keys, Longhurst Group’s Executive Director of Growth and Development, said: “We’re absolutely thrilled to have been selected once again, along with our partners at NCHA, as one of Homes England’s strategic partners.
This’ll help us to increase our development ambitions, allowing us to provide many more much-needed affordable homes across our operational area. It’ll also contribute to our desire to deliver 5,000 new homes by 2031.
“This news follows on from our previous success as a Homes England strategic partner and is great news for Longhurst Group. It’s testament to the work done during the current strategic partnership programme and how we’ve been able to demonstrate our ability to secure and deliver new homes across our regions.
“We’re very excited to be playing our part in the Government’s ambition to build around 120,000 new homes as part of this investment and we’re looking forward to beginning work.”
Housing Secretary Robert Jenrick added: “Creating more opportunities for home ownership is central to this Government. This £9 billion funding is a landmark moment for our Affordable Homes Programme and will ensure good quality housing for all as we build back better after the pandemic.
This huge funding package will make the ambition of owning a home a reality for families by making it realistic and affordable.
“We’re also ensuring tens of thousands of new homes for rent are built in the years ahead, including social rent, so those on the lowest incomes can enjoy good quality, secure rented homes, built and managed by reputable providers.”