emh development update August 2019
Recognising your important role to emh group’s success, we wanted to succinctly capture the return we are delivering as a result of Homes England’s decision to award us Investment Partner status and the linked £30m grant allocation. Significant progress to identify land, start on site and create partnerships has already been made; seeing us increase our pipeline and completions. By way of quick comparison, last year we delivered 400 homes against a target of 270. This year we are forecasting around 600. We are committed to playing our role in helping the Government achieve its target of 300,000 homes by the mid 2020s. The East Midlands has a projected shortfall of some 24,000 homes (NHF Homes Truths, 2017/2018). We know we can only resolve this in partnership, and so we have aligned our strategic priorities with that of our local authority partners in meeting housing need. We are also enabling other housing providers in the region to develop their own homes, through the successful Quantum Consortium. We would like to thank all those partners for their approach and dedication to working together to help ensure people in the East Midlands have access to high-quality, affordable homes. This document captures our headline performance and the detail of some of our key schemes, matched to our newly-approved development strategy. We are clear on the tenure, place and quality of our offer, and have grown both our development and sales and marketing team to match our ambition.
We hope you find this useful. And, of course, the offer to visit our team or schemes, or for us to share any best practice with other Investment Partner housing providers is always open.
Kind regards Chris Jones Executive Director Development
Development update – August 2019
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