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Clarion and for-profit ReSI Homes among winning bidders for London’s Affordable Homes Programme

By 31/08/2021No Comments

Fifty-three housing providers have been named as winning bidders for the new Affordable Homes Programme (AHP) in London. 

Picture: Getty

Picture: Getty

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Fifty-three housing providers have been named as winning bidders for the new Affordable Homes Programme in London #UKhousing #SocialHousingFinance


A mix of housing associations, councils and one for-profit provider will receive a share of £3.46bn as part of the mayor’s programme to get nearly 30,000 affordable homes built over the next five years.

Clarion, the UK’s largest housing association, has been awarded the largest grant – £240m – to help develop 2,000 new homes, including 1,250 as social rent. The next highest allocation is PA Housing, which has been awarded £181.7m (see table below).

Barking and Dagenham Council will receive the most of any council, with an allocation of £171m.

ReSI Homes, a for-profit registered provider owned by global asset manager Gresham House, has been awarded £56.25m of grant to help develop 1,250 units for “affordable homeownership”.



The funds are part of the government’s current wider £11.5bn AHP, covering 2021/22 to 2025/2026.

Outside London, nearly 40 providers have been awarded a share of £5.2bn, after being selected as strategic partners to Homes England. The winners outside the capital have yet to be revealed. In total, along with the allocations in London, partnership funding totalling £8.6bn has been announced today.

In London, the successful bidders will have to meet new conditions on building safety and design, including installing sprinklers, or other fire suppression systems, in new blocks of flats. Combustible materials on external walls will be banned on all new units, regardless of height.

Minimum floor-to-ceiling heights and a requirement for private outdoor space are also among the requirements, as well as rules on three-bedroom-plus homes and their exposure to sunlight.

The Greater London Authority (GLA) will also insist providers meet new equality, diversity and inclusion standards, with training for all staff, a zero-tolerance approach to discrimination and a commitment to recruiting from diverse and under-represented groups. Organisations will also be expected to publish details of their gender and ethnicity pay gaps, the GLA said.

London mayor Sadiq Khan said: “All Londoners deserve a safe, secure home with enough space to live comfortably, and private outside space to enjoy fresh air. I want to deliver a new generation of genuinely affordable housing in London that sets the standard nationally when it comes to excellent design, safety and sustainability.”

Overall the government’s £11.5bn AHP is aiming to deliver 180,000 new affordable homes “should economic conditions allow”, the Ministry of Housing, Communities and Local Government said, as part of efforts to build 300,000 new homes a year by the mid 2020s.

AHP 2021-26 allocations

Organisation Total homes Social rent homes Affordable homeownership homes Total funding requested
London Borough of Havering 395 161 234 £35,159,500
Estuary Housing Association 30 16 14 £1,272,000
RHP 131 80 51 £13,877,500
City of Westminster Council 230 106 124 £24,079,955
PA Housing 1,455 930 525 £181,725,000
London Borough of Hammersmith and Fulham 394 186 208 £32,304,000
Poplar HARCA 227 145 82 £21,231,400
A2Dominion 500 300 200 £56,000,000
London Borough of Barnet 217 105 112 £23,485,000
Places for People 44 44 £3,960,000
London Borough of Ealing 1,032 561 471 £109,563,549
London Borough of Harrow 411 219 192 £44,370,000
The Guinness Partnership 300 150 150 £32,700,000
TBG Open Door Homes 48 10 38 £3,794,995
Newlon Housing Trust 120 80 40 £15,800,000
London Borough of Bromley 535 535 £37,959,000
Optivo 1,500 825 675 £180,750,000
London Borough of Wandsworth 289 138 151 £23,355,000
Hyde Housing Association 1,476 590 886 £163,790,000
London Borough of Lewisham 456 285 171 £69,954,000
Croydon Churches Housing Association 120 50 70 £12,496,960
Royal Borough of Kingston upon Thames 105 105 £13,125,000
City of London 200 150 50 £16,500,000
Southern Housing Group 300 100 200 £33,500,000
London Legacy Development Corporation 825 149 676 £67,670,000
London Borough of Brent 701 701 £111,746,000
London Borough of Camden 569 569 £86,640,000
One Housing Group Limited 386 252 134 £41,674,016
Hexagon Housing Association 180 90 90 £24,885,000
Riverside Housing Association 151 90 61 £18,780,000
Phoenix Community Housing Association (Bellingham and Downham) 73 48 25 £9,983,000
London Borough of Lambeth 311 212 99 £28,157,557
London Borough of Hounslow 540 540 £93,225,000
Royal Borough of Greenwich 230 230 £38,094,993
L&Q 539 154 385 £55,126,500
Cromwood Housing 75 75 £11,250,000
London Borough of Newham 550 500 50 £91,683,000
London Borough of Sutton 65 54 11 £10,060,000
London Borough of Waltham Forest 77 77 £15,400,000
London Borough of Hackney 100 100 £17,500,000
London Borough of Haringey 647 647 £127,487,000
London Borough of Barking and Dagenham 1,757 573 1,184 £171,033,390
London Borough of Enfield 1,119 824 295 £166,590,000
London Borough of Tower Hamlets 194 194 £32,017,420
Metropolitan Housing Trust 1,035 538 497 £128,796,179
Catalyst Housing 1,000 535 465 £118,850,000
Network Homes 1,000 500 500 £122,515,888
Notting Hill Genesis 1,265 577 688 £126,770,000
Octavia Housing 450 225 225 £55,125,000
ReSI Homes 1,250 1,250 £56,250,000
Clarion Housing Group 2,000 1,250 750 £240,000,000
London Borough of Southwark 852 664 188 £126,480,000
Peabody 1,000 500 500 £120,000,000

Source

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