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5 November 2009
The Homes and Communities Agency (HCA) has allocated £4.7 million through its ‘Kickstart Programme’ to accelerate the delivery of 600 mixed-tenure, affordable new homes at Lymington Fields in the London Borough of Barking and Dagenham. The development, by Countryside Properties and Metropolitan Housing Trust, is to be built on the 12.9-hectare former Further Education College site in the Chadwell Heath and Becontree area of Dagenham.
The funding will be used to kickstart phase one of 193 homes which will commence construction in Spring 2010 and be completed in 2013. It is envisaged that the regeneration of Lymington Fields will be delivered in at least three phases, due to the size of the project and total number of homes. Given the current market conditions, the HCA is discussing a revised programme for subsequent phases with the developers and the local authority.
The first 70 homes will be completed by March 2011 comprising 23 homes for market sale, 17 for social rent and 30 for low cost homeownership. The scheme has been designed by BPTW and WGI architects with six attractive character areas. The plans will create a vibrant new community and have a strong emphasis on low rise, traditional family housing and high quality public and private open spaces.
The scheme is being delivered as part of the HCA’s London-Wide Initiative (LWI), which seeks to fast track the provision of affordable housing for key workers in the capital. At Lymington Fields, 178 properties will be set aside for shared equity under the LWI and a further 194 affordable homes will be sold for shared ownership and general needs rent. Additionally 228 properties will be sold to owner occupiers.
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Notes:
The HCA is the single, national housing and regeneration agency for England. We bring together the development and regeneration expertise of English Partnerships, investment functions of the Housing Corporation, and the Academy for Sustainable Communities, with major delivery programmes of Communities and Local Government.
Our role is to create opportunity for people to live in high quality, sustainable places. We provide funding for affordable housing, bring land back into productive use and improve quality of life by raising standards for the physical and social environment.
During the next three financial years the HCA controls a budget of £17.3bn.
www.homesandcommunities.co.uk
Metropolitan Housing Partnership is a family of successful not-for-profit organisations providing housing, regeneration, and community and support services.
The member organisations within the Partnership are Metropolitan Housing Trust London, Metropolitan Home Ownership, Spirita, Granta Housing Society, Metropolitan Support Trust (which includes Refugee Support), Metropolitan Living Limited and Clapham Park Homes.
MHP welcomes opportunities to work in partnership with residents and businesses in the management, development and in the creation of new homes.
The London-Wide Initiative (LWI) is a government-backed scheme managed by The Homes and Communities Agency which enables key workers to buy their own home. The Homes and Communities Agency has purchased a range of 15 development sites across inner and greater London to deliver new, affordable homes. Under the Initiative, the government shares the costs and the benefits of homeownership with purchasers in order to make these homes more affordable.
Three development partners have been selected to work in partnership with The Homes and Communities Agency to deliver homes through the London-Wide Initiative; First Base, Key London Alliance and a consortium led by Countryside Properties plc.
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Information correct as at 06/11/2009