£131.5 MILLION in funding has been made available to deliver 2,200 new, affordable homes over the next few years.

It comes as Karbon Homes enters into a strategic partnership with Homes England which will meet the North-East housing need.

The 2,200 houses will be equally split into homes for affordable and social rent, including those to meet a range of supported and specialist needs, as well as those aimed at helping local people onto the housing ladder, either through Shared Ownership or the Rent to Buy scheme.

As part of the agreement, Karbon has pledged to use modern methods of construction to build a quarter of the new homes, enabling faster construction times and a reduction in energy use and waste.

The company has committed to building, at least, 220 new homes, 10 per cent, in rural areas and a further 220 homes, 10 per cent, for people with additional support needs.

Paul Fiddaman, chief executive, Karbon Homes, said: “We’re delighted to be entering into this strategic partnership which will enable us to provide additional affordable homes across the North-East and Yorkshire.

“We have a strong track record of delivering good quality, affordable homes and this will enable us to continue to grow our housebuilding programme and to deliver a wide range of homes, for a range of tenures, that will meet customer needs and strengthen local communities.”

Homes England is entering into 31 new strategic partnerships with 35 organisations to deliver nearly 90,000 new affordable homes across the country.

Nearly £5.2bn of the £7.4bn funding in the Affordable Homes Programme 2021-26, for which Homes England is responsible for, will be delivered via these partnerships.

The homes built under the programme will meet National Design Guide Principles and will incorporate environmental sustainability measures.