David Bexon, Managing Director of smartnewhomes.com, comments on the latest £388m investment in The Homes & Communities Agency’s (HCA) Kickstart initiative:
“The latest round of Kickstart funding represents the Government’s first significant investment in the housebuilding industry since the start of the recession. It has belatedly woken up to the importance of housing delivery for long-term socio-economic stability in this country, which is extremely good news for the sector, as well as homebuyers who still face the prospect of a worsening supply shortage.
“While it took an extremely long time to act, we have to give the Government credit for finally putting new development at the top of the housing agenda by injecting funds into the delivery of stalled schemes. We urge the Housing Minister to keep up the momentum set in round one of Kickstart, and guarantee the Government’s long term commitment to this essential programme. The £500m funding outlined for phase two could unlock up to 55,000 homes, which would offer a major boost to the industry and go a long way to allaying immediate concerns over lack of supply.”
See Also: Press Releases (0), Kickstart (0), Homes and Communities Agency (0), Kickstart Initiative (0), David Bexon (0), Housing Minister (0), The Smart Comment (0)
Date Published: 30 October 2009
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