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Insights

Start on site date extended by 12 months by Homes England

Posted on 10th July 2020 in Affordable Housing

Posted by

Stephen Burtchaell

Partner and Solicitor
Start on site date extended by 12 months by Homes England

Robert Jenrick Secretary of State for Housing Communities and Local Government announced this week that the deadline by which start on site must occur in order for grant to be successfully claimed under the Shared Ownership and Affordable Homes Programme (SOAHP) is to be extended by 12 months from end of March 2022 to end of March 2023.

Delays caused by Covid-19 had meant that large numbers of developments had been put at risk because of construction being suspended on most sites during the height of the Covid crisis in the country. As a result, the deadline for drawdown of March 2022 was clearly not going to be achievable for many housing associations and that in turn threatened the viability of projects being developed under the SOAHP programme. Estimates suggest as many as 53,000 newly affordable homes have been held up by Covid-19.

Following requests from the sector for confirmation that the extension to start on site would be made , the Housing Secretary made the announcement confirming agreement.

Our Affordable Housing team have over 25 years experience in this sector, forming close working relationships with their housing clients. To find out more about the areas they advise on and their bespoke services please visit their hub page or contact a member of the team.

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