Homes England ploughs £224m into housing joint venture

Guinness Partnership

Deal with Guinness Partnership and Stonewater will see construction of 4,500 affordable homes

Homes England has signed a strategic framework with Guinness Partnership and Stonewater which aims to build 4,500 affordable homes.

The government agency is funding its partnership with the two housing associations with £224m and building work is expected to start by 2022.

Homes England said the investment would allow both housing associations to enter into longer-term deals to buy more land for development.

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