Lambeth Council is seeking a single Development Partner to deliver up to 450 new homes, of which at least 150 will be affordable. These will be delivered across six different sites in the borough through a portfolio approach, titled ‘New Homes 6(NH6)’.
This is part of the continued efforts to build new affordable homes under the Council’s New Homes Programme to tackle the chronic shortage of social housing in Lambeth.
Cllr Danny Adilypour, the Council’s Deputy Leader and Cabinet member for Housing, Investment and New Homes, said: “Since the launch of our New Homes Programme in March last year, we have made great strides in unlocking many housing projects in the borough to enable us to deliver more affordable housing for our residents.
“But as the temporary accommodation crisis continues, with 5,000 households in often sub-standard temporary accommodation and more than 40,000 people on Lambeth’s housing waiting list, coupled with difficult financial circumstances, we need to act more urgently through the most effective way to help us deliver new housing.
“Alongside working with the Government to find solutions to our housing crisis, we know that the right partnership with an industry expert will help us deliver more new affordable homes at pace which we have started implementing on other projects already to accelerate delivery.
“As we begin the search for a partner to deliver the New Homes 6, I look forward to working with our residents and the right partner to bring forward this significant project that will not only bring forward much-needed high quality homes but also improve so many of our Lambeth neighbourhoods in the future.”
The partnership offer will be advertised through the Find a Tender Service portal from 6th January and is expected to be completed in 10-12 months.
Across the portfolio the Council expects the following to be met:
- Maximising housing delivery (over 450 units across initial sites)
- Maximising delivery of affordable homes, achieving at least 35% across the portfolio
- Start-on-site of at least 150 Affordable Homes by 2030, of which at least 70% should be for social rent
- High-quality design and sustainable development
- Delivery of social value, employment and skills opportunities for all communities across the borough
The Development Partner procurement process for the NH6 portfolio will also help the Council to meet priority one of the Lambeth Housing Strategy 2023-30 ,by maximising the number of new homes at Social Rent, delivered at pace, along with creating healthy, safe neighbourhoods in the borough.
