The Homes and Communities Agency has earmarked 18 schemes with plans to deliver 1,300 new homes as the first group to benefit from the £420 million Get Britain Building programme.
Subject to due diligence and contracting, up to £46m could be allocated to the 18 projects through the programme.
Get Britain Building is part of the coalition government’s housing strategy and aims to support stalled developments get off the ground through loans on commercial rates, or taking equity stakes to share risk.
Bidding for the scheme opened on 22 December and closed on 30 January and a total of 170 expressions of interest submissions were received.
The expressions of interest will now undergo an initial assessment by the HCA – looking at value for money, deliverability and fit with local priorities – with a shortlist of schemes to be established by mid-March.
The 18 schemes are:
Locking Parklands Phase 2a/b, Weston super Mare (St Modwen) 140 homes
Bath Western Riverside, Bath (Crest Nicholson) 81 homes
Belmont Hospital, Tiverton, Devon (Devonshire Homes) 30 homes
Osprey Quay, Portland, Dorset (Sutton group) 39 homes
Devonport Vision, Plymouth (Redrow) 74 homes
Wapping Wharf, Bristol (Wapping Wharf (Umberlslade) Ltd) 175 homes
Newark Southern Extension, Newark (Catesby Property Group) 100 homes
Edgbaston, Birmingham (MCD developments) 57 homes
Kilby Mews, Coventry (Complex Development Projects Ltd) 31 homes
Millway Middle School, Duston, Northampton (Westleigh) 52 homes
The Maltings, Lichfield (Marcity) 41 homes
Cheeseman’s Green, Ashford (Crest Nicholson) 100 homes
Bootham Green, York (Advent Developments Ltd) 37 homes
Navigation point, Castleford (Merlion Capital Housing Ltd) 66 homes
H2010 (Yarn Street), Leeds (Miller Homes) 82 homes
Calder View, Dewsbury, Kirklees (Miller Homes) 28 homes
Grahame Park, Colindale, London (Genesis (GenInvest Ltd)) 127 homes
Covent Garden Village, Stockport (Seddon Group) 41 homes
