HCA Gives Cash Boost To Greenwich Developments
July 10, 2009 by Rob Powell
The London board of the Homes and Communities Agency has announced a cash injection worth £32 million to kickstart stalled developments projects in the borough of Greenwich.
The HCA has allocated just over £30 million to the first phase of the Kidbrooke Regeneration project where 456 new homes will be provided by Berkeley Homes and Southern Housing Group.
£2 million will be used for the first phase of new housing delivered by Bellway Homes and London & Quadrant Housing Trust at Greenwich Peninsula. Greenwich Council is working closely with the HCA and its partners on both sites.
The Mayor of London, and Chair of the HCA’s London Board, Boris Johnson, said: “This further funding from London’s housing budget will deliver more urgently needed affordable homes, create jobs to support the capital’s economy during the downturn and transform the quality of life for thousands of Londoners.
[...] first phase of the project, boosted by a £30million cash injection from the HCA, will deliver 449 houses and apartments with the first residents expected to move in next year. Of [...]