New partnership to provide 1,000 new Midlands homes
Midland Heart has teamed up with a leading UK housebuilder to create 1,000 new homes across the Midlands.
The new partnership agreement with Countryside will see the homes built across the region over the next three years.
The properties – around a third of which are already at the planning or development stage – will be a mix of rented and affordable for-sale homes.
The agreement builds on the two organisations’ already strong relationship and means Midland Heart is already well on track to meet its target to build 3,000 new homes in five years.
Glenn Harris, Chief Executive Officer, said: “We’re delighted to be extending our highly successful relationship with Countryside. This major new agreement targets the delivery of 1,000 high-quality family homes across a number of areas over the next three years.
"This will put us in a strong position to deliver on our ambition to build 3,000 new homes by 2024.”
The partnership is supported by Homes England, which will be providing grant funding from its continuous market engagement process to boost affordable housing numbers.
Caroline Cormack, head of home ownership and supply in the Midlands, said: “Homes England is committed to working with ambitious partners to accelerate the delivery of new homes where they’re needed most, so it’s great to see this partnership working to provide 1,000 affordable homes in the Midlands.”
(Picture shows Glenn Harris with Glyn Mabey, managing director, Countryside Partnerships East Midlands)