Homes England signs deal to build 3000 homes in Nottinghamshire

The deal will support 3,000 new homes and 100,000 square metres of employment space. The site is in Rushcliffe and has a gross development value of £825million.The government’s housing accelerator has today announced a deal unlocking 3,000 homes in Rushcliffe, Nottinghamshire, to support the delivery of much needed new housing in the area.Homes England has acquired 250 acres of the 605 acre site, known as Fairham, and will support all aspects of the delivery to accelerate the creation of a high quality and diverse community.The acquisition will see Homes England working with other land owners, CWC and local authority Rushcliffe Borough Council, on a project that will deliver 3,000 homes and 100,000 square metres of employment space – equivalent to more than a dozen football pitches – over the next ten years.The site has been secured through the Government’s £1.3 billion Land Assembly Fund, which is used to acquire land needing work to get it ready for the market, and Homes England will accelerate the delivery of the scheme by providing infrastructure loan funding to CWC.