£63 million government funding boost to speed up construction of new homes in West Sussex
This week, it was announced that new family houses – including 30 percent affordable homes – will be built more rapidly at a key housing site thanks to additional government funding being ploughed into the project.
We wrote recently about the £250m of government funding which had been signed off to build 25,000 new homes and this week’s funding announcement was the latest in a series of such investments, all of which are intended to help meet ambitious house building targets.
Homes England, the government’s housing accelerator, announced on 26th March that a further £63 million investment would be provided for the Northern Arc at Burgess Hill in West Sussex, where up to 3,500 new homes will be constructed.
The funding injection, which comes from the government’s Land Assembly Fund, will allow the construction of key infrastructure – including roads, a bridge, landscaping, drainage and utility works – to be accelerated at the eastern and western ends of the site, enabling 1,250 homes to be built. From 2023 the centre of the site will then be developed, providing 2,250 further homes.
The news comes as Homes England announces Countryside Properties as developer for the Freeks Farm area of the site. Countryside will start building the first phase of 460 homes in March 2020, on the east of the site. It is expected that these will be completed from December 2020, providing a mix of apartments and one to four bedroom houses. Their proposals prioritise design quality and use of Modern Methods of Construction.
Stephen Kinsella, Executive Director, Land at Homes England, said:
“As the Government’s housing accelerator we’re using our land, money, powers and influence to make homes happen in the places they are most needed.
“This funding boost, alongside the appointment of the first developer, represents further great progress for the Northern Arc. We can now make move quickly towards starting on site and constructing quality new homes and facilities for the local community.”
Minister of State for Housing, Kit Malthouse MP, said:
“Burgess Hill is a shining example of how our £1.3 billion Land Assembly Fund is rising to meet the challenge of delivering more, better, faster home construction – helping to deliver up to 3,500 extra homes for the people of Sussex.
“It’s all part of how this Government is supporting the delivery 300,000 new homes a year by the mid-2020s, helping a new generation to realise the dream of home ownership.”
Phillip Lyons, Chief Executive, Housebuilding at Countryside Properties, said:
“Being able to influence the design and quality for this the first phase of the Northern Arc in Burgess Hill is very exciting. We at Countryside are incredibly proud to be a part of this fantastic project, working collaboratively with Homes England to create places people love.”
We’ll be back soon with more construction news. In the meantime, thank you for reading the Advantage blog.
Want to learn more? Contact one of our relationship managers today to discuss your requirements on 0845 900 3969
30 percent affordable homes will be built more rapidly at a key housing site thanks to additional government funding being ploughed into the project.
JOIN OUR NEWSLETTER
If you'd like to learn more about our Structural Defects Warranty services or don’t want to miss a press release, a new trend or an exclusive, then subscribe now to our marketing communications for regular industry updates.