25 August 2009
< Back to news indexDetails of the successful schemes for the second round of funding from the Homes and Communities Agency’s (HCA) low carbon infrastructure initiative, totalling £8.80m, were announced today.
The initiative, a partnership with the Department of Energy and Climate Change (DECC) and Communities and Local Government (CLG), will provide funding for schemes across the country to benefit from new and existing low carbon energy plants by creating the infrastructure needed to link them up.
The successful bidders for the second round of the national housing and regeneration agency’s initiative, are:
Sir Bob Kerslake, chief executive of the Homes and Communities Agency, said: “Together with nearly £12m we allocated to low carbon infrastructure schemes in July, this funding will help ensure that more people have access to energy that is both less harmful to the environment than traditional sources and lower cost for them.
“The range of projects we have been able to allocate money to shows there is a real appetite for this kind of infrastructure and the benefits it brings to communities and the industry as a whole. We look forward to using the lessons we learn from these innovative projects in our future work at the HCA, to help create and support sustainable places around the country.”
Housing Minister John Healey said: “Homes account for a quarter of carbon emission so reducing this is a major part of our efforts to tackle climate change. By making all new homes zero carbon from 2016 we are already leading the way to a much greener housing stock, and lower energy bills for residents. But we also have to make existing homes greener, and this funding will help both new and existing developments to access clean energy sources.”
Energy and Climate Change Minister Lord Hunt said: “This latest round of funding will make it possible for thousands more people to keep warm in their homes whilst reducing energy bills and carbon emissions. Community heating schemes are an excellent example of how we can work together to tackle climate change.”
With more than a quarter of Britain’s carbon emissions produced from homes, the announcement are a major step towards meeting the Government’s green policy pledges and Britain’s transition to a low carbon country.
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For further information please contact:
Gemma Thompson in the HCA press office, on 020 7881 1054 or email gemma.thompson@hca.gsx.gov.uk
Housing stimulus package
As a result of April’s Budget the HCA will receive an additional £635 million. This is broken down as follows: £400m to unlock developments; £50 million social housing grant to allow local authorities to deliver new social housing (complemented by £50 million capital cover for associated prudential borrowing); up to £80 million to support delivery of the Mortgage Rescue Scheme; £84 million to provide cavity wall insulation in the social sector; £21 million for investment in innovative low-carbon heating systems.
Building Britain’s Future
As a result of the Prime Minister’s recent announcement on Building Britain’s Future, an additional 20,000 new affordable homes will be funded by £1.5 billion over the next two years. This adds to the housing stimulus package announced in the budget and breaks down as follows: £750 million to be allocated via the HCA’s National Affordable Housing Programme; £500 million to unlock developments; and £250 million to allow local authorities to deliver new social housing.
Low carbon infrastructure initiative
Schemes selected were required to meet the following criteria:
Projects were reviewed by an internal group and by our external sounding board, who will assess the technical and financial viability of all projects. In addition to the HCA, the board comprises representatives from:
Communities and Local Government;
Department of Energy and Climate Change;
Energy Saving Trust;
Faber Maunsell;
Zero Carbon Trust; and
Michael King (independent advisor).
The successful bidders for the first tranche of funding (£11.85m) from the low carbon infrastructure initiative, were named in July as:
The Homes and Communities Agency is the single, national housing and regeneration agency for England. We bring together the development and regeneration expertise of English Partnerships, investment functions of the Housing Corporation, and the Academy for Sustainable Communities, with major delivery programmes of Communities and Local Government.
Our role is to create opportunity for people to live in high quality, sustainable places. We provide funding for affordable housing, bring land back into productive use and improve quality of life by raising standards for the physical and social environment.
Over the current three financial years the HCA controls a budget of £17.3bn.