Places for People secures £19.9million to deliver more affordable homes.
15 September 2025
Places for People (PfP) is maintaining its momentum in new housing delivery after securing a further £19.9 million funding award from Homes England.
The latest funding allocation will see the UK’s leading social enterprise – and biggest registered provider builder of new family homes*- deliver a further 215 homes, with 70% designated for rent under the 2021-2026 Affordable Homes programme.
This funding forms part of the £2billion bridge funding announced earlier this year. The revised bid will see 72 homes delivered for social rent, 78 delivered for affordable rent and 65 shared ownership homes, hitting Homes England 70/30 target between rented and shared ownership affordable tenures respectively.
The increased allocation includes social rent grant rates to support the delivery of more new homes in the South East and East Midlands, where PfP has two key strategic sites: Shottendane Road in Margate and Goldsmiths Green in Kettering.
The latest funding also means the developer, with the biggest pipeline in the social housing sector, can not only accelerate delivering within the current programme, but convert more homes from Affordable Rent to Social Rent, directly supporting the government’s ambition to increase the number of social homes.
PfP’s strategic partnership with Homes England, will see over 4,800 affordable homes delivered by 2029. This includes: 1,628 (53%) new affordable homes for affordable rent, 2,286 (43%) for shared ownership and 960 (20%) for social rent, providing vital support for those most in need.
As a leading developer of affordable housing, we know that the best communities are balanced communities, and our pipeline reflects that.
Andrew Usher, Managing Director for Places for People Developments commented: “This latest allocation builds on our continued success in securing support for affordable housing and builds on the £18.6million awarded in early 2025. As a leading developer of affordable housing, we know that the best communities are balanced communities, and our pipeline reflects that.
“We are a long-term partner of Homes England and are happy to see MHCLG and Homes England continue to support the sector allowing developers to deliver the new homes and supporting infrastructure at the pace needed. As a developer with the required capacity and experience and a strong pipeline, we are well placed to support the Government’s ambitions to increase affordable housing.”
Shahi Islam, Director -Affordable Housing Grants at Homes England commented: “As the Government’s housing and regeneration agency, increasing the supply of quality affordable homes remains one of our key objectives and we are committed to supporting stakeholders of all sizes to achieve their ambitions.
“Our Strategic Partnership with Places for People is a prime example of how we are working collaboratively with partners, through the Affordable Homes Programme, to achieve our mission of creating thriving communities that people can be proud of.”
This award builds on the £18.6million awarded in early 2025, from the Autumn Statement’s £500 million top-up, which is supporting PfP in delivering a further 256 new homes. In total PFP will now build over 4,800 homes including 960 much needed Social Rent homes across the country.