Hertfordshire housing association in running for prestigious award

A Hertfordshire-based housing association has been shortlisted for a prestigious national award in recognition of its ambitious development programme.

Thrive Homes, based in Watford, has been named a finalist in the 2018 UK Housing Awards for Development Programme of the Year.

The awards, the equivalent of the ‘Oscars’ for the sector, showcase outstanding achievements by housing providers.

In the development category, judges are looking for social landlords who have shown ambition, determination and innovation to help meet the UK’s growing need for new affordable homes.

Thrive has been shortlisted because of its highly successful development programme over the last year, having completed its first significant new-build schemes and acquired or developed almost 500 homes in 2017. The smaller of the two properties is £173.08 per week and the larger, £190.38 per week.

The housing association – formed by a stock transfer from Three Rivers District Council in 2008 – has also expanded its geographical area, submitted its first major planning application, made its first land purchase, and built its first shared ownership homes over the last 12 months.

Looking ahead, Thrive has invested more than £50 million in new development schemes to build a strong development pipeline across more than 10 new sites in the coming years.

Jack Burnham, Development Director at Thrive, said:

“2018 will mark our 10-year anniversary and we are very proud to have grown by almost 35 per cent in our first decade. Our Board’s investments during 2017 will ensure that Thrive continues to provide more much needed affordable homes in the coming years.

“Our achievements in 2017 put us on a very strong footing to fulfil our ambitious plans and, if we can repeat this year of growth and investment ‘firsts’ in future years, then we really will be able to provide as many homes as possible to those in housing need.”

He added:

“We are pleased that our hard work over the last year, resulting in an impressive scale of growth within a short period of time, and our exciting plans for the future have been recognised by the UK Housing Awards judges.”

Award winners will be announced at a ceremony in London on 2nd May.