Home Kent Business County news Article
£20m affordable homes boost could benefit Kent
10:33, 22 December 2011
by business editor Trevor Sturgess
The county is set to benefit from a £20m grant to housebuilder Persimmon to build 2,000 affordable homes across England.
Persimmon, which has a number of developments in Kent, is the first major company to land funding from the Homes and Communities Agency under the National Affordable Housing Programme (NAHP).
Persimmon has been granted £20.64m to build 1,985 affordable homes over the next three years.
The scheme is designed to boost the supply of affordable homes at a time when many people are struggling to buy a home.
Persimmon said it would be seeking bids from local authorities across Kent and Medway with suitable schemes.
Dr Ashley Lane, group partnerships director for Persimmon Homes, said: "Construction will begin in 2012 and we are currently evaluating a number of schemes throughout England. Our objective is to engage with local authorities and housing associations to deliver low cost homes for both shared ownership and social rent."
Latest news
Features
Most popular
- 1
The abandoned ‘ghost road’ that once took holidaymakers to the Kent coast
18 - 2
Motorway reopens after fuel spillage in collision
- 3
Dad who took cocaine on holiday still had drug in system when stopped by police
- 4
Rolexes and crypto: How dealer selling drugs from bedroom hid ‘massive profits’
18 - 5
Christmas events cancelled amid weather warning
2