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Hexagon receives its first 08/11 HC allocation
Hexagon receives its first 08/11 HC allocation
Following our qualification for the NAHP (National Affordable Housing Programme) 2008/11, we are very pleased to announce that we have received confirmation of the following allocations from the RME1 (Regular Market Engagement) bid round:
Project Total grant No. Homes
Rosenthorpe Road,
Southwark £3,760,000 19 rented, 9 shared ownership
Mayo Road, Croydon £1,374,000 3 rented, 11 shared ownership
Blue Anchor Lane,
Southwark £3,800,000 22 rented
This gives a total allocation of £8.9m to provide 64 new homes, which is over 50% of our corporate objective of 120 homes p.a.
We are bidding for further schemes in RME2 which is now open, and will know the results at the end of August.