Vistry Group has been reconfirmed as a Strategic Partner and has secured a significant direct grant award under the first allocation of funding made available as part of the government’s £39 billion ($53 billion) Social and Affordable Homes Program. The initial funding of £350 million ($477 million), the largest award possible in this phase, is significantly more than the first award received under the previous program and will enable the delivery of more than 3,000 affordable homes.
The group has an established pipeline and has identified immediate opportunities to deploy its own grant funding to deliver needed affordable housing schemes this year. Alongside this, Vistry will deliver additional homes at pace by working in partnership with other Strategic Partners, Established Mayoral Strategic Authorities, and councils as they commit funding to their programs as part of the initial £9.58 billion ($13 billion) of allocations.
