Metropolitan Thames Valley and One Housing strike new partnerships with GLA
- 28 November 2018
G15 members Metropolitan Thames Valley and One Housing have agreed new strategic partnerships with the Greater London Authority (GLA).
Along with six other housing associations, the partnerships give Metropolitan Thames Valley and One Housing the ability to use funding more flexibly on the condition that at least 60 per cent of their delivery is for affordable housing.
- Metropolitan Thames Valley has committed to an additional 952 homes and a total of 2,000, and will receive £40m of grant
- One Housing Group has committed to 1,042 additional homes and a total of 1,692, and will receive £53m of grant
Since July 2017 G15 members have been awarded a total of almost £2bn in grant funding to start almost 52,000 affordable homes by 2022. The addition of Metropolitan Thames Valley and One Housing means that 11 of the G15 members are now partnering with the Mayor.
The mayor’s office has also announced £490m of housing grant – including the strategic partnerships – to fund the construction of nearly 10,000 affordable homes in the capital.
Richard Hill, chief executive of One Housing Group, said:
“We are delighted that One Housing has been announced as one of the six new strategic partners. We look forward to working with the Greater London Authority to deliver more genuinely affordable homes for Londoners.”
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