| Westlea
named as Housing Corporation approved partner
Westlea's
new status as a Housing Corporation Approved Partner will mean more
new affordable homes like these, recently completed in Trowbridge.
Westlea Housing has been named as an 'Approved Development
Partner' by the Housing Corporation the Government agency for
affordable housing in England.
The news came at the same time the Government announced it will be investing £8
billion over the next three years in affordable and social housing a
50% increase on current spending. Housing Minister Yvette Cooper launched
the Government's Housing Green Paper in Parliament this week.
"
This is a major step forward for Westlea and a vote of confidence in
us by the Housing Corporation," said Ann Cornelius, Westlea's Executive
Director (Operations).
Westlea is currently a member of the Sovereign Development Consortium
with Sovereign acting as lead approved partner. This arrangement involves
Sovereign liaising with the Housing Corporation on Westlea's behalf.
"
With this elevation in status to Approved Partner, Westlea will have
the opportunity to have a direct and close relationship with the Housing
Corporation and receive social housing grant direct from them from April
2008 onwards," said Ann Cornelius.
"
This new status means we're committed to deliver a major development
programme with a social housing grant requirement of more than of £15
million. We're excited by the challenge and have established a strong
development team here at Westlea to work on our plans to provide many
more high quality affordable homes for local people at a time when they
are needed more than ever."
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