Nearly 1,500 new homes will be built across the West Midlands after the Matrix Housing Partnership secured a Government grant of £30m.
The £30m contract is part of the Homes and Communities Agency’s Affordable Homes Programme and is set to deliver 80,000 new affordable homes across England by 2015.
The Matrix Housing Partnership, led by the Accord Group, will develop the homes over the next four years, helping to create much needed affordable housing in the region.
In the UK, social housing lists have almost doubled in the last 13 years, with an estimated five million people now waiting for a home.
Key housing projects that will be partly funded by the grant include the Eastern Gateway development in West Bromwich, which will create 70 homes for rent and outright sale.
New homes are also planned for other parts of the region, including Birmingham, Coventry, Dudley, Walsall and Wolverhampton.
Chris Handy, c hair of the Matrix Housing Partnership Strategy Group, said: “We submitted a high-quality and innovative bid which included a broad range of developments across the West Midlands, so we are delighted to have secured such a significant allocation from the Homes and Communities Agency.
“Building affordable homes for local people is a key priority for us and this grant is testament to our strong delivery record, commitment to partnership working and our ability to provide good quality housing.”
Christine Seaton, area manager for the HCA, Midlands added: “This agreement is great news as it will see much-needed new homes delivered across the Midlands and make a significant difference to the local communities in which we work.
“Our local teams have worked closely with Accord and the Matrix Partnership over recent months to ensure that their programme brings the maximum benefit for local people.”
Across the HCA’s Midlands operating area*, the Affordable Homes Programme is investing over £286m to deliver 13,500 homes over the next four years and successful bidders were announced on 14 July this year.
The Matrix Housing Partnership is made up of Accord, Ashram, Black Country Housing Group, Caldmore, Rooftop, Trent and Dove and Trident housing associations as well as Watmos Community Homes.