whg has invested £66.7m to build hundreds of new homes across the Midlands, in what has been a busy year for the housing association.
Between April 2022 and March 2023 whg built 255 homes for rent and shared ownership.
The long-term investor and landlord is now on 27 sites and forecast to complete 700 new homes by April 24, representing a record in year investment of over £95m. These include 324 at Lockside on the sites of the former Caparo steelworks and Metafin factory and 71 on a former scrapyard site on land off Wolverhampton Road.
Further afield in Wolverhampton whg has taken handovers of the first homes at its £32m Royal Hospital flagship scheme, where 123 affordable rent, 31 shared ownership and 38 wellbeing homes are being built.
whg has also embarked on its first development in Rugby, at Coton Park East, working with Persimmon Homes to deliver 56 homes for rent and 11 for shared ownership. Other deals during the year include for 44 at Arkall Farm in Tamworth and 15 at Pye Green in Cannock.
Corporate Director of Development, Rebecca Bennett Casserly said: “Despite the current economic climate and ongoing challenges in the sector we are delighted to have had another productive year, expanding into new local authorities and welcoming new development partners.
“Our home building continues at pace with a record £97.2m due to be invested in 2023/4. We have a number of exciting developments planned for completion in the coming months that will bring the affordable homes to the region that are so desperately needed.”
