£35m boost for care and supported housing announced by Boris Johnson
- 26 Mar
In partnership with the Department of Health the Mayor of London has announced a £35m investment in housing for older people and people with disabilities.
This is the second phase of the care and support housing fund which offers loans or equity finance for private house builder to deliver specialised housing project for older people or adults with disabilities who wish to live in their own homes, reports Building.co.uk
Developers are also able to bid for grants to finance mixed-tenure developments which will include private and affordable housing for older people and those with disabilities.
The Greater London Authority (GLA) said there would be "a special focus on developments in and around town centres, which many older and disabled people find attractive as they can quickly and easily access local shops and amenities".
The first phase of the fund handed out grants of £30m in July 2013, for 669 homes on 35 supported housing developments across the capital.
Johnson said: "With London's rapidly growing population it's vitally important we ensure the housing needs of older people and disabled adults are properly addressed. This funding will encourage house builders to prioritise specialised housing which can easily be incorporated into mixed tenure developments. I would particularly like to see new accommodation with easy access to town centres and local amenities, ensuring residents can fully remain part of the community."
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