HCA Kickstart provides a further 3,700 new build homes

More new homes schemes will receive funding through the Homes and Communities Agency’s (HCA) Kickstart programme.

The HCA has confirmed financial support that will unlock a further 3,688 new homes in 45 schemes with investment totalling in excess of £153 million.

No less than £360 million of investment has been committed under Round 1 of the programme to 136 schemes across the country, unlocking a total of 10,281 new houses and new flats. A further 20 schemes have been approved subject to conditions and these will be concluded between now and the end of the year. 

Sir Bob Kerslake, chief executive of the HCA said: “This is a very good result, getting more than 10,000 new homes underway in such a short space of time has been a great achievement.  Many new home developers are already back to work and momentum is increasing every day. We have learnt plenty of lessons from the bidding that we’ll be able to use in the next round, helping to speed up and streamline the process.  Kickstart has been very successful in helping to boost the industry at a time of great need and, of course, increase the supply of new and affordable homes for people across the country.”