William Eichler 14 February 2017

Council signs joint venture to deliver ‘genuinely’ affordable homes

Hammersmith and Fulham Council has signed a 50-50 joint venture deal with a property developer in order to build what they describe as ‘genuinely affordable’ homes.

The London authority has created the joint venture - called HFS Developments - with developer Stanhope Plc. and will build 133 homes in Fulham and 190 in Sands End.

The partnership will enable the council to share in any profits generated through the sale of homes on the private market - money which can be reinvested in more housing.

Hammersmith and Fulham said the ‘vast majority’ of the houses in Fulham will be at council-level rent with local people having first refusal.

The development in Sands End is planned to be 100% homes for market sale with a contribution to help fund affordable housing elsewhere.

The plans are similar to those proposed by Haringey council whose £2bn development vehicle will be a 50-50 partnership between the authority and a private developer.

Addressing regional inequalities  image

Addressing regional inequalities

Andrew Borland, Chief Innovation Officer at the Virtual Engineering Centre (VEC), University of Liverpool discusses the importance of levelling up for growth.
SIGN UP
For your free daily news bulletin
Highways jobs

Restorative Justice Practitioner

Essex County Council
£24395 - £31131 per annum + + 26 Days Leave & Defined Benefit Pension
Restorative Justice PractitionerPermanent, Full Time£24,395 to £31,131 per annumLocation
Recuriter: Essex County Council

Specialist Senior Supporting Families Worker - 12 month FTC

Essex County Council
£30931 - £35362 per annum + + 26 Days Leave & Defined Benefit Pension
Specialist Senior Supporting Families WorkerFixed Term, Full Time£30,931 to £35,362 per annumLocation
Recuriter: Essex County Council

Supervising Social Worker - Fostering Team, South Essex

Essex County Council
£36101 - £48622 per annum
Supervising Social Worker - Fostering Team, South EssexPermanentPart Time, 3 days / 22.2 hours per week£36,101 to £48,622 per annumLocation
Recuriter: Essex County Council

Social Worker - Children in Care, South Essex

Essex County Council
£36101 - £48622 per annum
Social Worker - Children in Care, South EssexFixed term / Secondment, 12 monthsFull Time, 37 hours per week£36,101 to £48,622 per annumLocation
Recuriter: Essex County Council

Youth Partnership Coordinator

Sheffield City Council
Grade 6 (£30,825 to £34,834)
We have an exciting opportunity for a part-time Youth Partnership Coordinator to join Community Youth Services Sheffield, South Yorkshire
Recuriter: Sheffield City Council
Linkedin Banner

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.