Celebrity TV builder Tommy Walsh compliments Dr Jan Telensky for his New Vocational Quickstart project enabling would-be trades people to qualify for their NVQ in a fraction of the normal time. Here what Tommy Walsh say, but of more importance what the recent NVQ student say.
This new investment, secured through an agreement with the European Investment Bank (EIB), will help deliver up to 4,300 new affordable homes and create new jobs in the building trades.
The funding will form part of the £3.5 billion Affordable Housing Guarantees programme, which enables housing associations to use a government guarantee to secure private investment at more competitive rates than they would otherwise.
Kris Hopkins said: “Today’s deal with the European Investment Bank is a vote of confidence in our ongoing efforts to restore confidence to our housing market and get Britain building.
“This £500 million investment will help deliver up to 4,300 new affordable homes across the country, on top of the 170,000 affordable homes we’ve already delivered since 2010.”
Richard Blakeway, the Deputy Mayor for Housing, Land and Property said: “This new funding will help many hard working people who need, and rightly deserve, decent low cost homes.
“Tackling the demand for housing is a key priority and we all need to work closely together to boost affordable housing supply in London and across the UK.”
Mr Hopkins also confirmed the first eight housing associations to receive funding through Affordable Housing Guarantees. They are:
- Devon & Cornwall Housing Limited, who will borrow up to £85 million to build 887 homes in those counties.
- Hexagon Housing Association will borrow up to £12.5 million to build 74 homes in Greater London and the South East.
- First Wessex will borrow up to £88 million to build 589 homes in Hampshire and Surrey.
- Great Places will borrow up to £50 million to build 674 homes in Manchester and the North.
- Wales and West Housing Association will borrow up to £25 million to build 251 homes in Wales.
- Adactus will borrow up to £27 million to build 344 homes in Greater Manchester and Lancashire.
- Home group will borrow up to £61 million to build 642 homes in England.
- Paradigm will borrow up to £65 million to deliver up to 594 homes