HCA bidders selected for due diligence

More than 1,000 homes could be built in the region under the second round of the Get Britain Building programme.

The second round of the £570m fund is open to schemes as small as 15 units. The Homes & Communities Agency is making loans and equity available which must be repaid by March 2018. Work must start on site by 31 March 2013 and all homes be completed by 31 March 2015.

The following projects have been invited to enter due diligence with the HCA to see if they will be successful. The deadline to return completed due diligence is the 19 October.

Wirral

Mulbury Homes

Rock Lane Birkenhead

38

Burnley

Datum Finance

Sycamore

34

Salford

English Cities Fund

Plot E3 Chapel St Salford

97

Wirral

Bromborough Regeneration LLP

Dibbin Green Bromborough Pool

228

Tameside

Morris Homes

The Grange

33

Manchester

UK Land & Property Asset Solutions LLP

Sarah Point Nuovo

166

St. Helens

Morris Homes

St Helens College

70

Warrington

Morris Homes

Edgewater Park

79

Chorley

Morris Homes

Rivington View

28

Pendle

Datum Finance

Pendle

25

Cheshire West & Chester

Morris Homes

Upton Dene

29

Tameside

Morris Homes

Moorside Place

18

Cheshire West & Chester

Morris Homes

Eaton Grange

20

Cheshire West & Chester

Morris Homes

Tower Wharf

36

Manchester

McCaul Developments (Northern)

New Islington Site B

45

Oldham

three60 Property Investors

The Bakestones Delph

46

Stockport

Barnes Village

Barnes Hospital Cheadle

42

Bolton

Morris Homes

Hulme Road

33

Cheshire East

Morris Homes

Brook Street

54

Your Comments

Read our comments policy here

Nothing in Liverpool?!

By MrD

Many "shovel ready" projects in Liverpool have started with input from other programmes so the need for GBB isn’t huge, but given GBB Round 2 dropped the minimum number of units from 25 to 15 its surprising more small developers did not bid. Once again GBB has been exploited by large developers who chose sit on sites and hold out their hands for taxpayer funds rather than employ their own considerable balance sheet resources to develop their own land banks. Not genuine stimulus as you can easily identify several projects on the list that would start anyway – no doubt the HCA’s property advisors will approve each one as I can’t see them upsetting their bread ‘n butter corporate clients.

By bill

Subscribe to our newsletter