£300m available to help house older people and adults with disabilities
- 29 Oct
Bidding has opened for a £300 million pot launched by Minister for Care, aimed to help older people and adults with disabilities find affordable homes.
Norman Lamb launches today the care and support specialised housing fund, which is the first time that the Homes and Communities Agency has provided a programme like this on behalf of the Department of Health.
The HCA will administer £240 million of the fund. A further £60 million will be administered by the Greater London Authority.
The fund is split into two phases, focusing on affordable housing in phase one, and market sale homes in a later second phase and run over five years from 2013/14. It will be managed as a separate programme to the HCA's £1.8 billion affordable homes programme.
The fund relies on councils and developers to work with health providers to identify land and resources to develop homes.
Pat Ritchie, chief executive of the HCA, said:
This fund recognises the benefits which high quality housing opportunities for both older and disabled people can have in allowing them to remain independent for longer - raising their quality of life and helping reduce the burden on the health service.
We are already delivering around 10 per cent of our affordable homes programme for supported housing and housing for older people, and the fund is a good opportunity to build on this.
The deadline for phase one bids is noon on 18 January 2013.
David Orr, chief executive of the National Housing Federation, said:
This money could help the housing sector build up to 12,000 new specialist homes for older and disabled people.
But to make this £300 million investment truly effective we need access to land. If the NHS frees up its unused land for development, it would boost the number of these much-needed specialist homes.
Source: Inside Housing
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Revenue Optimisation "We really appreciate the work that Support Solutions did for Home Group in securing significant additional revenue for our supported housing schemes. This really will make a positive difference to the way in which we support our vulnerable tenants". Dave Coope - Home Group