HCA allocates £70 million for empty homes revamps
The Homes and Communities Agency (HCA) has revealed how its £70 million Empty Homes fund will be spent
Successful bidders include the Nottin Hill Housing Trust, Nottingham Community Housing Association and Islington Council.
The funding, which will run until 2015, is part of the government’s £100 million Affordable Homes Programme, announced during the Comprehensive Spending Review in 2011.
The remaining £30 million will be targeted at community groups.
The funding aims to tackle 5,600 empty homes out of a total estimated 740,000 disused residential properties in England.
The money will pay for the refurbishment of homes which have been left empty for more than six months. Funding is also available to convert commercial properties into housing.
Any refurbishment done under this scheme must achieve Decent Homes standards.
Pat Richie, Chief Executive of the HCA said: ‘One of the HCA’s key aims is to maintain a supply of affordable homes. With thousands of homes and properties lying empty across England, we have a leading role to play in tackling the issue of empty homes blighting our communities, and this funding is welcomed.
‘The high level of interest we received by providers bidding to participate in this programme demonstrates just how important an issue it is’.
The allocations for Empty Homes funding by area, are as follows:
East and South East: £10,699,500 for 748 homes
London: £15,688,985 for 1,118 homes
Midlands: £15,517,487 for 1,289 homes
North East, Yorkshire and the Humber: £9,867,650 for 945 homes
North West: £11,520,063 for 1,075 homes
South and South West: £6,529,065 for 480 homes