Each of the projects are to receive a share of a £850 million sum of money put aside by the government to accelerate housing.
The projects are required to build at least 1,500 homes across the UK.
Many of the projects are expected to build more than the pre-requisite requirement. Greenwich Peninsula, based in southeast London, for instance, will be constructing 10,000 homes.
In total, the government has has earmarked £1 billion to help with the construction of over 200,000 new homes.
Each project will also help to ensure increased investment in schools, roads and green spaces.
The £850 million funding will be shared out in the form of long-term loans with interest accessible from 2015 to 2020.
Projects will be required to undertake a compulsary due diligence audit before being allowed access to the funding.
The government hopes that by offering these loans to large-scale housing projects it will continue to boost the housing construction sector whilst increasing both home ownership and investment in the private rented sector.
Increased investment in the housing industry is certain to peak interest in Integrity’s construction accounting software.
Designed exclusively for construction industry professionals, Integrity has stated that its contract costing and accounting functions will enable users to capitalise on the boosts.
Integrity Software Systems,
First Floor, Landmark House East,
Phone: 0345 340 3040
Delta Electronics has launched the new M300 range of Drives, designed for the most basic to the most advanced applications.Posted in Articles, Building Industry News, Building Products & Structures, Building Services, Building Systems, Hand Tools, Innovations & New Products, Plant, Equipment and Hire, Posts, Power Tools
In the latest issue of ABC&D, Metså Wood looks at further advancing the use of wood in mainstream construction with the sharing of knowledge and innovation.Posted in Articles, Building Industry News, Building Products & Structures, Building Systems, Features, Timber Buildings and Timber Products
IKO PLC’s ‘Fix that Hut’ scheme has seen Islington & Stoke Newington Sea Cadets centre donated more than 250 square metres of IKO enertherm PIR insulation to them.Posted in Articles, Building Industry News, Building Products & Structures, Insulation, Posts, Restoration & Refurbishment, Retrofit & Renovation, Roofs, Sustainability & Energy Efficiency
Aggregate Industries, a member of the LafargeHolcim Group, has acquired the aggregate and ready-mix concrete manufacturer, the Kendall Group.Posted in Articles, Building Industry News, Building Regulations & Accreditations