The refreshed Land Development and Disposal Plan, which builds on the first plan released in June 2011 sets out how the Agency will use its land to accelerate economic activity in support of the Government’s ambition to build more than 100,000 homes on public land by 2015. The HCA expects to contribute up to 16,226 new homes towards the Government’s ambition through its land assets.
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The plan contains an overview of the HCA-owned sites, listed by Operating Area, that will be brought forward for development in 2012/13, as well as an indicative pipeline of sites for the remainder of the Spending Review Period.
Richard Hill, Deputy Chief Executive of the HCA, said: "Land is key to promoting economic growth and supporting the delivery of new homes, and this plan sets out how we will bring forward opportunities for new homes, employment and community facilities at sites across the country."
The HCA’s principles for disposing of its land are:
•being transparent about landholdings and disposal principles and selling land in a way that creates a level playing field for potential end users to access sites when they are brought to market;
•not holding land longer than necessary – making sure it is disposed of to support local plans and ambitions and that it is transferred to end users as quickly as possible; and
•carrying out disposals on terms that promote development, economic activity and growth.
(CD/GK)
