This will enable the delivery of thousands of new homes, signalling an enhanced role for the Agency in managing and accelerating the disposal of government public land.
As outlined in last week’s Autumn Statement and confirmed by Housing Minister Mark Prisk today, £290m of this funding will allow the HCA to introduce measures that will bring forward the disposal of central government land, such as installing the right infrastructure. This includes £100m for HCA to purchase surplus public land from central government departments, and £190m to invest in surplus public land to reduce risk and make sites more attractive to potential purchasers.
The remaining £225m is a rolling programme of recoverable investment and tailored HCA support to a number of large-scale development sites. This is expected to draw on the Agency’s local knowledge and established relationships, and relevant areas of HCA expertise in recoverable investments. This includes its Advisory Team for Large Applications (ATLAS), investment in infrastructure to speed up delivery of long-term development, and HCA project management. Sites include the new Cranbrook community in Exeter, which is on track to deliver over 6,000 new homes.
The HCA has significant expertise in land disposal, unlocking development and structuring commercial investments, and the additional funding builds on this. HCA chief executive Pat Ritchie said:
“We welcome any moves to increase the amount of land available for development and speed up the rate at which it is brought forward to increase housing supply and boost economic growth. We are pleased that government has recognised the expertise of the HCA in managing large portfolios of land and complex development sites, using our understanding of the economics of development and local knowledge.
“This is core business for the HCA, and we will continue to work with partners and use our local relationships, to deliver the homes our communities need as speedily and cost-effectively as possible.”
Great post! We will be linking to this particularly great article on our website.
ReplyDeleteKeep up the great writing.
Also visit my blog: Home Page
What ӏ ԁidn't know was how I would get all of what I wanted in just six hours. Also, by having a radio internship in your resume, there is a better chance for you to become a DJ when you apply for a job in any radio station in the nation. Proffering multifarious benefits to the advertisers, it is a quintessential resort for companies big or small.
ReplyDeleteLook at my site :: internetradio
Howdy! Do you use Twitter? I'd like to follow you if that would be okay. I'm absolutely enjoying
ReplyDeleteyour blog and look forward to new updates.
Feel free to visit my blog - http://salidasengrupo.com/ChelseyLi
I began struggling on the higher levels because I did not have
ReplyDeleteenough teammates to help me. Like a pc when much too many programs are downloaded at the moment the process can shut lower from
overuse. You could also do your very own version connected with makeovers and allow a celebrity a whole different start looking.
my webpage Read the Full Piece of writing
You can also follow and unfollow users and it uses bit. ' Always use a sun protection lotion or a sunscreen when moving about in the sun. Use superfoods to increase your health and wellbeing, make sure you include these foods to help you transform into a superman or woman.
ReplyDeleteHere is my page - Beauty