Hundred Houses is pleased to be a key part of the ground-breaking alliance of 15 housing associations who have announced that they will work with the Cambridgeshire and Peterborough Combined Authority to deliver up to 40,000 affordable homes over the next 20 years.
In March 2017 Cambridgeshire and Peterborough negotiated a devolution deal to give them greater powers to run their area. They were the first devolved authority to be allocated a specific housing grant worth £170 million.
Mary Gibbons, CEO of Hundred Houses Society chairs the Homes for Cambridge and Peterborough Communities Group. She said, “The Homes for Cambridge and Peterborough Communities Group is passionate about maximising the impact we have on local people. We will continue to work together to expand and focus our work tackling causes of poverty, skills, employment and community cohesion. Working through the group, there is a real opportunity to make a difference in the Cambridge and Peterborough Combined Authority area.”
Homes for Cambridgeshire and Peterborough collectively own and manage 48,277 homes in the Cambridgeshire and Peterborough area. Every year, the housing associations involved add almost £100 million to the local economy and support over 1,000 jobs.
As part of this new deal, they will match every £1 of the Combined Authority’s investment with up to £6 of their own.
Alan Lewin, Chair of Homes for Cambridgeshire and Peterborough, and a member of the Board at Hundred Houses Society says:
“As the first devolved authority to be established with its own housing grant programme, this is a ground-breaking collaboration for Cambridgeshire and Peterborough. This region is unique amongst devolved areas due to its diverse mix of urban and rural communities, ranging from world class high-tech business centres to small, agricultural communities.
“The housing associations in Homes for Cambridgeshire and Peterborough will work together with the Combined Authority, Local Authorities, and Homes England to provide diverse quality homes, including housing let at affordable rents, mixed tenure, and outright sale. This will ensure there are homes for people on a range of incomes, while also supporting sustainable growth in our urban and rural communities.”