HCA awards funding for housing construction jobs

18/07/2011 16:00:00

The Homes and Communities Agency (HCA) has allocated new funding for the delivery of affordable homes, in a move likely to stimulate construction recruitment across England.

Nearly 150 housing associations, local authorities, house builders and other organisations have successfully bid for £1.8 billion of funding between them through the HCA's Affordable Homes Programme.

This latest allocation of funding is expected to support construction work on 80,000 homes throughout England, as part of a wider drive to build around 170,000 new affordable homes between 2011 and 2015.

HCA chief executive Pat Ritchie commented: "We expect to not only deliver exceptional value for money, but also a programme that has a strong fit with local priorities as we move into the delivery phase of the Affordable Homes Programme."

Last month, the HCA released figures indicating that it had commenced construction work on 57,605 new homes over the 12 months to the end of March 2011, which was 65% higher than its target for that period.

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