The association will collaborate with the two companies to provide new social and affordable rent and ownership tenures in order to boost low-cost housing supply in the area, as well as drive investment in traditional and modular construction and create jobs and skills.
This is the first time that Swan will work with delivery partners to provide affordable housing under a strategic partnership.
Last month, Curo and Swan were named as one of Homes England’s strategic partners under the government’s Affordable Homes Programme 2021-26 and were awarded over £160m of funding to deliver 2,425 homes.
It is the second round of funding the two housing associations have secured through Homes England, after being granted £51.1m in 2019 to build 1,067 new affordable homes by March 2024.
Geoff Pearce, deputy chief executive at Swan Housing Association, said: “At Swan, working in collaboration is central to our approach and we are delighted to be building on the success of our first strategic partnership with Curo by securing a second one together.
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“With Curo working in the South West and Swan in the South East, the partnership ensures that we are both making a difference in the regions in which we work.
“However, Swan always aims to be a brilliant local partner too, so we are excited to now have the opportunity to work with settle and CHP to deliver new homes under the Swan & Curo strategic partnership.”
Mary Gibbons, CEO at CHP, commented: “We are delighted to be working with Swan and Curo to deliver more affordable housing in Essex and Suffolk under their strategic partnership with Homes England.
“At CHP, we already have an ambitious commitment to build hundreds of high-quality affordable homes to meet local housing need.
“We have a track record of working successfully with a range of partners to deliver on this, and we are excited to be a delivery partner for this vitally important programme, which will really accelerate housing delivery across our region.”
Gavin Cansfield, CEO at Settle, added: “Our commitment is to work with partners to provide good quality homes and services that respond to the needs of our residents, along with investing in neighbourhoods and communities.
“As a place-based housing association working across Hertfordshire, Bedfordshire and South Cambridgeshire, we are really pleased to be able to contribute our expertise and knowledge of the areas in which we work towards a successful partnership that will deliver many more of the affordable homes that are so needed across the South East, along with important investment across this area.”