Plymouth City Council and BCHA Form New Housing Partnership Agreement to Address Housing Crisis

Plymouth City Council and the Bournemouth Churches Housing Association (BCHA) have come together to form a new housing partnership agreement aimed at addressing the city's housing crisis. The agreement will bring forward £18.3 million of investment and deliver 63 new affordable homes over the next five years. BCHA, a trusted local partner, will provide an initial £7 million of funding, while the Council will provide £1 million and land opportunities through the Plan for Homes. The new homes will be a mix of affordable tenures, prioritizing social rent and general needs family housing.

Key Takeaways:

The new housing partnership agreement will bring forward £18.3 million of investment in Plymouth.
63 new affordable homes are forecasted to be delivered within the next five years.
BCHA will provide an initial £7 million of funding, while the Council will provide £1 million and land opportunities.
The new homes will be a mix of affordable tenures, prioritizing social rent and general needs family housing.
The agreement will focus on providing specialist and supported accommodation.
Delivery will focus on general needs family affordable housing.
The partnership aims to consolidate and further develop the existing joint work between the Council and BCHA.
The agreement will enable the acquisition of existing homes for those in housing need.

Statistics:

£18.3 million of investment will be brought forward.
63 new affordable homes are forecasted to be delivered within the next five years.
BCHA will provide an initial £7 million of funding.
The Council will provide £1 million and land opportunities.
10 million will be sought through Homes England grants.
The new homes will be a mix of affordable tenures.

Sources:

MIL OSI United Kingdom (http://milnz.co.nz/mil-osi-aggregation/)
Plymouth City Council
Bournemouth Churches Housing Association (BCHA)