New Communities Partnership
The New Communities Partnership was launched on 3 May 2016 to deliver £1 billion of new housing.
It is a housing delivery fund created by Kier Living, The Cheyne Social Property Impact Fund and The Housing Growth Partnership - a joint venture between the Homes and Communities Agency (HCA) and Lloyds Banking Group. Together, they offer an end-to-end development solution that includes procurement, funding, site assembly, construction, sales, management and maintenance.
The New Communities Partnership is a public-private alliance intended to help the public sector build 10,000 new homes across the UK. It will “…provide local authorities and housing associations with an innovative delivery model for building new homes on their own land, giving them the option to choose between sale and/or rental developments, and offers significant scope for affordable development.”
Public sector organisations will be able to determine the appropriate mix of tenure for their site. Rental homes will include discounted and market-rent solutions for key workers, people with disabilities and the elderly. Homes for sale will include discounted sale units to help first time buyers. This will give public sector organisations the potential to generate income from their land, whilst developing it in a socially-responsible way.
The New Communities Partnership believe this will increase the number of affordable homes built, with up to 50% of each site offering affordable development opportunities.
John Anderson, Executive Director of Kier Living said, “Through this unique public private sector partnership with experienced finance and development partners Kier, Cheyne and the Housing Growth Partnership, we are collectively offering an end-to-end solution to building much-needed new homes.”
Shamez Alibhai, Head of Cheyne’s Social Property Impact Fund, said, “We believe that bringing responsible private capital into the UK housing sector is necessary for tackling the increasing shortfall of genuinely affordable homes across the country.”
Andy Hulme, CEO of The Housing Growth Partnership said, “Working alongside Kier Living and Cheyne Capital through the ‘New Communities Partnership’ should stimulate further growth in residential development projects and enhance access to affordable housing.”
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
- Affordable housing
- Affordable rented housing.
- Build to rent.
- Cohousing.
- Help to buy.
- Homes and Communities Agency.
- Housing associations.
- Housing tenure.
- Intermediate housing.
- Laying the foundations: a housing strategy for England.
- Real Estate Investment Trusts.
- Rent to buy.
- Right to buy.
- Right to rent.
- Shared ownership.
- The Shared Ownership and Affordable Homes Programme 2016 to 2021.
- Social housing.
- Social rented housing.
- Starter homes.
[edit] External references
Featured articles and news
CIOB report; a blueprint for SDGs and the built environment
Pairing the Sustainable Development Goals with projects.
Latest Build UK Building Safety Regime explainer published
Key elements in one short, now updated document.
UKGBC launch the UK Climate Resilience Roadmap
First guidance of its kind on direct climate impacts for the built environment and how it can adapt.
CLC Health, Safety and Wellbeing Strategy 2025
Launched by the Minister for Industry to look at fatalities on site, improving mental health and other issues.
One of the most impressive Victorian architects. Book review.
Common Assessment Standard now with building safety
New CAS update now includes mandatory building safety questions.
RTPI leader to become new CIOB Chief Executive Officer
Dr Victoria Hills MRTPI, FICE to take over after Caroline Gumble’s departure.
Social and affordable housing, a long term plan for delivery
The “Delivering a Decade of Renewal for Social and Affordable Housing” strategy sets out future path.
A change to adoptive architecture
Effects of global weather warming on architectural detailing, material choice and human interaction.
The proposed publicly owned and backed subsidiary of Homes England, to facilitate new homes.
How big is the problem and what can we do to mitigate the effects?
Overheating guidance and tools for building designers
A number of cool guides to help with the heat.
The UK's Modern Industrial Strategy: A 10 year plan
Previous consultation criticism, current key elements and general support with some persisting reservations.
Building Safety Regulator reforms
New roles, new staff and a new fast track service pave the way for a single construction regulator.
Architectural Technologist CPDs and Communications
CIAT CPD… and how you can do it!
Cooling centres and cool spaces
Managing extreme heat in cities by directing the public to places for heat stress relief and water sources.
Winter gardens: A brief history and warm variations
Extending the season with glass in different forms and terms.
Restoring Great Yarmouth's Winter Gardens
Transforming one of the least sustainable constructions imaginable.