HCA cash to kick start regeneration
The Homes and Communities Agency is putting up £93 million to kick start five mothballed developments across London.
Between them the schemes will create 1,500 homes, with the long-term potential to provide a further 6,000. Over half the properties will be affordable.
HCA chief executive Sir Bob Kerslake said: ‘We’re doing everything we can to get projects moving and deliver well-designed homes for Londoners.
‘This funding package for kick starting developments will keep regeneration activity moving and provide the housing market with a much-needed boost.’
The five projects
Aylesbury Estate – Southwark, London & Quadrant
Heart of East Greenwich – Greenwich, First Base, Southern Housing
St Andrew’s Hospital – Tower Hamlets, Barratt Homes, Circle Anglia
Woodberry Down – Hackney, Berkeley Homes, Circle Anglia
Holloway Road LW1 project – Islington, First Base, Southern Housing
Sir Bob Kerslake explains how the HCA is kick starting stalled regeneration work in London
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