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The Affordable Homes Programme 2015-18

Posted on: 27 January 2014
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Filed under: News

The 2015-18 Affordable Homes Programme aims to increase the supply of new affordable homes in England by contributing to the delivery of 165,000 new homes by March 2018. In a change from the previous programme all of the available funding will not be allocated from the outset.  Instead, the Homes and Communities Agency will aim to allocate up to 75%, with the remainder being made available via ongoing market engagement. This is designed to allow bidders the opportunity to bid for the remaining funding for development opportunities as these arise during the programme, where those can deliver within the programme timescales. The publication of the Prospectus signals the start of the bid round, which will close at noon on 30 April 2014.

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