The funding, which for the first time saw cash handed to contractors as well as housing associations, formed part of a £1.28bn tranche of first round grant awards under the 2016-21 Shared Ownership and Affordable Homes Programme.
Among the housing contractors securing Government support for the first time Kier bagged nearly £42m to deliver 1,378 homes, plus 335 associated but non-funded affordable homes..
Galliford Try was awarded almost £19m for 530 affordable homes, Keepmoat bagged nearly £18m for 439 homes and Lovell secured over £11m for 420 homes.
Private builder Westleigh Developments was also allocated £48m of grant to build 1,590 new homes under the programme.
The first round of cash hand-outs were unveiled as the Government invited bids for a further £4.7bn of funding to increase the supply of new shared ownership and affordable homes.
The pot of cash consists in part of £1.3bn not allocated at the initial SOAHP bid round and an extra £1.4bn announced in the Autumn statement to deliver a further 40,000 affordable homes.
The Government is encouraging bids from organisations other than housing associations and is encouraging off-site construction solutions.
The Rt Hon Greg Clark MP Secretary of State for Communities and Local Government, said:”We’ve reformed the rules to make these homes available to the widest possible range of buyers – and to make the capital grants open to widest possible range of developers and housing providers.
“We also aim to encourage innovation – both in partnerships for local housing delivery and in the use of advanced construction technologies.”
| 2016-21 Shared Ownership and Affordable Homes Programme |
| Lead provider |
Total Funding |
Grant-funded homes |
Nil-grant homes |
| Sanctuary Housing Association |
£89,984,647 |
2265 |
116 |
| New Charter Homes |
£87,299,567 |
2758 |
0 |
| Affinity Sutton Group |
£60,356,311 |
1998 |
1450 |
| The Wrekin Housing Trust |
£58,088,000 |
1322 |
0 |
| Westleigh Dev |
£48,105,000 |
1590 |
0 |
| Waterloo Housing Group |
£43,842,250 |
1326 |
55 |
| Kier Group |
£41,949,000 |
1378 |
335 |
| Accent Corporate Services |
£41,440,000 |
1406 |
215 |
| Longhurst Group |
£36,733,500 |
1133 |
0 |
| Great Places Housing Association |
£36,198,000 |
1191 |
190 |
| Tees Valley Housing |
£30,861,225 |
775 |
0 |
| Derwentside Homes |
£29,465,000 |
965 |
0 |
| East Midlands Housing Association |
£26,609,000 |
866 |
0 |
| Yorkshire Housing |
£26,504,000 |
748 |
0 |
| Riverside Housing Association |
£26,332,053 |
891 |
0 |
| Contour Homes |
£23,431,000 |
709 |
12 |
| Spectrum Housing Group |
£23,177,026 |
602 |
89 |
| Walsall Housing Group |
£22,074,014 |
751 |
139 |
| Isos Housing |
£20,559,000 |
586 |
19 |
| Housing & Care 21 |
£20,450,000 |
689 |
75 |
| Galliford |
£18,835,000 |
530 |
0 |
| Accord Housing Association |
£18,289,600 |
652 |
12 |
| Keepmoat Plc |
£17,722,000 |
439 |
0 |
| Home Group |
£17,455,000 |
352 |
452 |
| Paradigm Housing Group |
£16,214,000 |
583 |
649 |
| Wakefield And District Housing |
£15,000,000 |
500 |
0 |
| Devon and Cornwall Housing |
£14,632,000 |
500 |
0 |
| Together Housing Association |
£14,190,000 |
376 |
0 |
| Newcastle City Council |
£11,840,000 |
449 |
0 |
| Lovell |
£11,760,000 |
420 |
0 |
| Ashley House |
£11,512,250 |
331 |
0 |
| Stonewater |
£10,613,516 |
422 |
0 |
| Sovereign Housing Association |
£9,908,582 |
189 |
0 |
| WM Housing Group |
£9,367,500 |
307 |
32 |
| The Swaythling Housing Society |
£8,420,000 |
248 |
54 |
| Knightstone Housing Association |
£7,945,000 |
227 |
0 |
| Shropshire Housing |
£7,875,378 |
238 |
0 |
| The Guinness Partnership |
£7,864,999 |
259 |
0 |
| Ongo Homes |
£7,750,000 |
257 |
0 |
| Knowsley Housing Trust |
£7,480,726 |
232 |
0 |
| Orwell Housing Association |
£7,428,846 |
294 |
0 |
| Southway Housing Trust (Manchester) |
£7,356,950 |
291 |
0 |
| Fortis Living |
£7,257,600 |
250 |
0 |
| Stoke on Trent City Council |
£7,215,000 |
161 |
0 |
| Rotherham Metropolitan Borough Council |
£6,810,000 |
227 |
0 |
| County Durham Housing Group |
£6,772,500 |
195 |
0 |
| First Choice Homes Oldham |
£5,973,000 |
181 |
27 |
| Cross Keys Homes |
£5,879,000 |
236 |
148 |
| Central Bedfordshire Council |
£5,610,000 |
187 |
0 |
| Almshouse Consortium Ltd |
£5,594,000 |
179 |
18 |
| Plus Dane Housing Group |
£4,970,000 |
159 |
33 |
| Southern Housing Group |
£4,887,500 |
155 |
0 |
| Grand Union Housing Group |
£4,868,000 |
135 |
104 |
| Hyde Housing Association |
£4,840,000 |
168 |
203 |
| Orbit Group |
£4,620,000 |
154 |
367 |
| Chelmer Housing Partnership |
£4,500,250 |
129 |
237 |
| B3 Living |
£4,485,000 |
116 |
106 |
| First Step Group Ltd |
£4,325,378 |
136 |
0 |
| City of Lincoln Council |
£4,210,000 |
103 |
0 |
| Countryside Northern |
£4,200,000 |
150 |
0 |
| The Havebury Housing Partnership |
£4,135,250 |
144 |
0 |
| Wulvern Housing |
£4,134,500 |
100 |
0 |
| Broadacres Housing Association |
£4,075,000 |
139 |
0 |
| Gentoo Group |
£3,901,500 |
115 |
0 |
| Watford Community Housing Trust |
£3,900,000 |
112 |
0 |
| A2Dominion South |
£3,752,000 |
120 |
0 |
| Colne Housing Society |
£3,630,000 |
110 |
150 |
| Rochdale Boroughwide Housing |
£3,382,000 |
99 |
0 |
| One Vision Housing |
£3,285,000 |
116 |
0 |
| Viridian Housing |
£3,194,111 |
100 |
0 |
| Chestnut Homes |
£3,000,000 |
100 |
0 |
| Manchester City Council |
£2,850,000 |
75 |
0 |
| Wyre Forest Community Housing |
£2,835,000 |
113 |
0 |
| City of York Council |
£2,762,500 |
65 |
0 |
| Keelman Homes |
£2,725,000 |
86 |
0 |
| The ExtraCare Charitable Trust |
£2,561,000 |
52 |
0 |
| Merlin Housing Society |
£2,498,280 |
89 |
0 |
| Adactus Housing Association |
£2,483,000 |
113 |
0 |
| SLAYCO |
£2,476,000 |
89 |
0 |
| Incommunities Group |
£2,312,250 |
69 |
0 |
| Two Castles Housing Association |
£2,310,000 |
70 |
6 |
| Estuary Housing Association |
£2,250,000 |
75 |
11 |
| Connect Housing Association |
£2,240,000 |
68 |
0 |
| Empowering People Inspiring Communities |
£2,075,000 |
83 |
0 |
| Hightown Housing Association |
£2,003,500 |
73 |
0 |
| Soha Housing |
£1,975,000 |
77 |
0 |
| Trent & Dove Housing |
£1,945,000 |
50 |
0 |
| Halton Housing Trust |
£1,940,000 |
62 |
0 |
| Solihull Metropolitan Borough Council |
£1,876,000 |
67 |
0 |
| Oldham Metropolitan Borough Council |
£1,830,000 |
70 |
0 |
| The Abbeyfield Kent Society |
£1,828,150 |
51 |
0 |
| South Yorkshire Housing Association |
£1,770,000 |
50 |
0 |
| City of Bradford Metropolitan District Council |
£1,750,000 |
50 |
0 |
| Leeds City Council |
£1,750,000 |
50 |
0 |
| Salvation Army Housing Association |
£1,750,000 |
50 |
0 |
| Sempra Homes Ltd |
£1,708,145 |
59 |
0 |
| Cherry Management Ltd |
£1,620,000 |
50 |
0 |
| AmicusHorizon |
£1,600,000 |
64 |
0 |
| MHS Homes |
£1,590,000 |
53 |
0 |
| Esh Acorn Homes |
£1,560,000 |
47 |
0 |
| Loddon Homes |
£1,538,290 |
78 |
0 |
| The Abbeyfield Society |
£1,502,000 |
42 |
0 |
| Jessup |
£1,408,000 |
44 |
0 |
| Magenta Living (Wirral Partnership Homes ) |
£1,400,000 |
50 |
0 |
| Town and Country Housing Group |
£1,386,080 |
53 |
41 |
| Curo Places |
£1,380,000 |
46 |
0 |
| Salix Homes |
£1,320,000 |
44 |
0 |
| Bristol CLT |
£1,125,000 |
25 |
0 |
| SIRONA CARE & HEALTH |
£1,095,038 |
39 |
0 |
| City West Housing Trust |
£1,080,000 |
36 |
0 |
| South Tyneside Housing Ventures Trust |
£1,050,000 |
30 |
0 |
| Hastoe Housing Association |
£985,000 |
31 |
2 |
| Gloucester City Homes |
£971,000 |
37 |
0 |
| Victory Housing Trust |
£963,000 |
34 |
76 |
| Abbeyfield Southern Oaks |
£960,000 |
24 |
0 |
| Abbeyfield Braintree, Bocking and Felsted Society |
£900,000 |
30 |
0 |
| GreenSquare Group |
£829,000 |
34 |
0 |
| Swan Housing Association |
£822,000 |
39 |
0 |
| Midland Heart |
£800,000 |
20 |
0 |
| Elim Housing Association |
£700,000 |
20 |
0 |
| Ashford Borough Council |
£660,000 |
30 |
0 |
| Broadland Housing Association |
£644,000 |
28 |
0 |
| J & M Residential Lettings |
£636,000 |
16 |
0 |
| Creative Support |
£630,000 |
18 |
0 |
| Sentinel Housing Association Ltd |
£614,600 |
35 |
0 |
| YMCA Downslink Group |
£546,000 |
21 |
0 |
| Harrogate Borough Council |
£480,000 |
16 |
0 |
| Craven District Council |
£372,394 |
9 |
0 |
| Chapeltown Cohousing Ltd |
£360,000 |
8 |
0 |
| East Riding Of Yorkshire Council |
£350,000 |
10 |
0 |
| Oxford City Council |
£350,000 |
7 |
0 |
| Calico Homes |
£345,000 |
10 |
0 |
| Captiva Homes |
£325,000 |
13 |
0 |
| Alpha (R.S.L.) |
£324,000 |
19 |
0 |
| Fairoak Housing Association |
£310,749 |
6 |
0 |
| Elite Property Services |
£310,550 |
13 |
0 |
| BHA Housing 2014 |
£300,000 |
10 |
0 |
| Wolverhampton City Council |
£300,000 |
10 |
0 |
| Hellens Residential |
£297,000 |
11 |
0 |
| Catalyst Housing |
£270,000 |
9 |
210 |
| South Lakes Housing |
£245,000 |
7 |
0 |
| Adur District Council |
£227,627 |
7 |
0 |
| Aster Group |
£180,000 |
6 |
0 |
| South Derbyshire District Council |
£180,000 |
6 |
0 |
| Cherwell District Council |
£160,000 |
8 |
0 |
| Cheltenham Borough Homes |
£150,000 |
5 |
0 |
| Nottingham City Council |
£140,000 |
10 |
0 |
| Flagship Housing Group |
£112,500 |
5 |
0 |
| South Staffordshire Housing Association |
£45,000 |
3 |
0 |
| Aldwyck Housing Group |
£0 |
0 |
358 |
| London & Quadrant Housing |
£0 |
0 |
25 |
| Metropolitan Housing Trust |
£0 |
0 |
639 |
| Moat Homes |
£0 |
0 |
107 |
| Paragon Community Housing |
£0 |
0 |
33 |
| Places for People Group |
£0 |
0 |
182 |
| Thames Valley Housing Association |
£0 |
0 |
132 |
| Worthing Homes |
£0 |
0 |
22 |
| Grand Total |
£1.28bn |
39,403 |
7,131 |
In the next round of bidding affordable rented homes can be included as part of mixed-tenure sites to help underpin the swift build-out of those sites, accelerating overall new supply.
Although the Government has stipulated that the majority of expenditure allocated within the Programme will support home ownership, through both Shared Ownership and Rent-to-Buy.
Interest firms can obtain further information about bidding through the Homes and Communities Agency’s Investment Management System by telephoning 01908 353604.
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