HCA rescues £7.4m of East Midlands schemes
The Homes and Communities Agency (HCA) has approved more than £7.4 million of funding for housing in the East Midlands
The schemes had been on hold since the Treasury’s freeze on commitments was announced in May, but since then the HCA has secured £390 million of funding for Kickstart and local authority self-build works.
Margaret Allen, director for the HCA East Midlands, said: ‘We have worked closely with the local authorities to invest in schemes that they place as major priorities and will help achieve their housing and regeneration aspirations they have for the area.’
The projects, which will unlock over 250 new homes, are subject to usual due diligence processes.
Schemes included are:
- Leicester city & Leicestershire (Charnwood and Hinckley & Bosworth)
- Derbyshire (Bolsover and High Peak)
- Nottinghamshire (Newark & Sherwood and Bassetlaw)
- Lincolnshire (North Kesteven)