An £18m deal to provide more affordable housing and help support industry is being announced today, as part of the Government's programme of action to tackle current difficulties in the housing market.

The deal has been done through the Government's National Clearing House with Bovis Homes, which enables house builders to sell their unsold stock to Housing Associations for use as affordable housing, either for rent or low cost home ownership. This is the largest deal so far agreed with a major housebuilder through the Clearing House Programme.

The deal provides 379 affordable homes on sites across the country for families who would otherwise be on waiting lists, following the agreement between the Homes and Communities Agency, Bovis Homes, and a number of Housing Associations.

For the full article please visit www.communities.gov.uk/news/corporate/1113423