35 social housing providers yet to sign contracts
Nearly a year after the introduction of the Homes and Communities Agency’s affordable homes programme, a number of social housing providers are still to sign contracts.
Last July, the HCA announced the 146 successful bidders for £1.8 billion of funding for its 2011 to 2015 programme. Of these, 111 have now signed contracts totalling £1.6 billion, which will deliver nearly 84,000 homes.
The HCA said it would wait until after 1 April to sign contracts with the 26 local authorities taking part in the programme to allow councils to take into account the start of the new self-financing regime.
Of the nine remaining development partners, only one is a housing association, with the remaining eight made up of developers or contractors.
Rochdale Boroughwide Housing, Rochdale Council’s arm’s-length management organisation that is due to take on the ownership of 13,700 homes later this month, expects to agree its contract to provide 100 homes once the transfer goes through.
Bovis Homes, CM Yuill and Lovell are among the house builders that have still not signed.
Other providers waiting to sign contracts, as of Wednesday, included Cambridge Partnerships, Glendale Gateway Trust, Guildhouse UK, Logic Homes and the National Association of Almshouses.
A spokesperson for the HCA said the agency had initially focused on housing association contracts ‘as they are delivering the bulk of the programme’, and had anticipated a small number of partners still waiting to sign at this stage.
‘We expected most to be signed by the end of November  but we did not want to set a hard and fast deadline.’
Sanctuary Housing Group will benefit from the biggest funding allocation in the programme, receiving just short of £90 million to deliver 3,689 homes.
Of the house builders to have signed contracts so far, Persimmon will receive the largest grant of £21 million to build almost 2,000 homes.
Getting with the programme: affordable homes figures
total funds so far allocated by Homes and Communities Agency, out of £1.8 billion total
number of providers to have signed up, out of 146
total homes providers that have signed contracts have committed to build. The HCA originally said the programme would deliver 80,000
homes for affordable rent
homes for shared ownership
supported housing homes, split between affordable rent and shared ownership homes