Understanding new tenures and localism in a new market place
Understanding new tenures and localism in a new market place: We understand that the New HCA bid prospectus for 2011/15 is now later this month (February 2011) Housing associations and others with HCA Investment partner status bidders will need both to commit to new 80% ‘affordable rents’ (80% inclusive of any service charges) and to reletting an agreed portion of voids at such and to disposals and so HCA will look at capacity to do development and relets at 80%. Capacity will include financial strength plus overall performance ‘Affordable rents’ will be either 80% of local market...
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