Spectrum secures £16m for west midlands developments
A leading west midlands development consortium has secured £16m to build
more than 250 new affordable homes in the region.
Spectrum Development Partnership, a consortium of ten west midlands
affordable housing providers led by West Mercia Housing Group, has been
granted £8.5m from the Homes and Communities Agency (HCA) for a
development in Perryfields, Bromsgrove, and £7.2m for a development in
Essington, South Staffordshire.
The Bromsgrove-based scheme will be part funded and delivered by
Spectrum members bdht and West Mercia Housing Group. Bromsgrove
District Council is also providing £700,000 towards the total cost of the £16
million development of 158 new family homes. The start-on-site is expected in
spring this year.
The second scheme to receive HCA funding is a rural development of 66
independent flexible care apartments for the over 55’s and 35 family homes in
Essington. The £13.5m development will be delivered and is part funded by
Housing Plus.
Kathryn Robb, head of partnership development at Spectrum Development
Partnership, said: “We are delighted to have secured this money from the
HCA at a time when available funding is reducing and are proud to be
involved in building much needed new homes in the west midlands. We are
committed to using our skills to delivering these developments on schedule
and to a high standard, ensuring we provide homes where people are happy
and proud to live now and in the future.”
These schemes add to the consortium’s existing development programme
which has already delivered 1,000 new homes in the west midlands. This
2
successful track record has been achieved thanks to the combined strength
and experience of the consortium’s members.
Paul Spooner, regional director for the HCA, said: “The HCA is committed to
working with Spectrum Development Partnership and West Mercia Housing
Group to invest in the region’s communities and provide people with
affordable homes in places they want to live. We are delighted that our
investment is enabling the consortium to push forward and deliver muchneeded
homes and extra care in the region.”
Ends
Notes to Editors:
Spectrum Development Partnership was established in 2007. It is a partnership of
was established in 2007. It is a partnership of
ten housing organisations led by West Mercia Housing Group. The partnership
includes Advance Housing Association, Bromsgrove District Housing Trust, Housing
Plus, Heantun Housing Association, Herefordshire Housing, Nehemiah UCHA,
Severnside Housing, Stafford and Rural Homes and Solihull Community Housing.
Between them the partners:
• Own and manage 60,000 homes across the West Midlands
• Have a development programme in excess of £175m
• Will deliver 1,000 new affordable homes each year
• Are active in 23 local authority areas in the West Midlands region
• Have over 1,800 staff.
West Mercia Housing Group is an investment partner with the Homes and
Communities Agency.
www.spectrumdevelopmentpartnership.co.uk
For further information please contact Val Hunt or Nikki Cheung, at The
Bridge Group, on 024 7656 0440, or v.hunt@bridge-group.co.uk