HCA scraps flagship building schemes
The Homes and Communities Agency has confirmed that two of its key house building programmes will effectively be scrapped.
Kickstart, which aims to breathe life into stalled schemes, and the local authority new build programme, which has seen some councils provide their first homes for decades, will not continue after final decisions are made about which of this year’s schemes will go ahead.
Last week the government announced it is cutting the HCA’s budget for 2010/11 by £450 million, or around 10 per cent. The reduction includes £230 million of savings announced earlier in the year.
The agency is currently reviewing outstanding Kickstart schemes and all LANB projects that are not in contract to decide which will receive funding.
It has said all Kickstart round two projects approved before the 6 April are safe, leaving 74 projects that have applied for around £241 million to deliver 7,678 homes.
Ninety one LANB schemes are also on hold. They have applied for around £58 million and would deliver 912 homes.
Regional HCA teams will decide which projects will get the go-ahead in the next few weeks.