Five year funding provided for strategic sites under new Housing Corporation grant allocation rules

May 1, 2007
The Housing Corporation is introducing major changes to the way affordable housing grant is allocated. Under the terms of the newly published pre-prospectus for its 2008-11 national affordable housing programme (NAHP), the Corporation will now grant funding over five-year terms for large-scale strategic developments, an increase on the previous three-year maximum. “On large, multi-phase sites, certainty of funding can support …

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