Homes England has partnered with Greencore Homes, a sustainable housebuilder, to inject £8 million of funding to support the delivery of its 42-home scheme, Milton Heights, in Oxfordshire.
This partnership affirms Homes England’s commitment to helping deliver more eco-friendly, low-carbon homes to create climate positive spaces while also boosting new build numbers.
The finance, from Homes England’s Home Building Fund, is part of new measures to boost homebuilding for small and medium-sized enterprise (SME) builders, as well as encouraging more innovative forms of construction, such as the homes at Milton Heights.
Milton Heights, currently under construction, will deliver 42 homes as part of a mission that prioritises increased access to green spaces, as well as safe and considered walking and cycling routes, serving both residents and the broader community. 15 of these homes will be affordable, and 27 open market, to be built less than three miles from Didcot Parkway Station.
These homes will include Greencore’s innovation Biond panels that lock up more carbon than they emit, these homes will target ultra-low embodies carbon overall and a net zero balance in occupation.
Marcus Ralling, chief investments officer at Homes England, said: “The completion of this £8 million development finance facility is a perfect example of where intervention from Homes England can help to unlock housing delivery by providing financial support for ambitious SME house builders like Greencore to build more environmentally friendly and low-carbon homes.”
Jon Di-Stefano, CEO of Greencore Homes, said: “This partnership with Homes England represents a pivotal movement for Greencore and our delivery of 42 sustainable homes at Milton Heights. As we continue to drive housing delivery to reach our target of 10,000 homes by 2035, partnerships such as this with Homes England will be essential. We look forward to hopefully working together again in the future, to continue to develop climate positive places together.”
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