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Trowers & Hamlins advises Kent County Council on PFI-funded housing programme

Trowers & Hamlins advises Kent County Council on PFI-funded housing programme

Trowers & Hamlins advised Kent County Council on a PFI agreement worth £100 million, which will see over 230 units of new extra care and specialist housing delivered across Kent, including the provisions of services over the next 25 years.

Under the terms of the deal, Galliford Try will design, build, finance and operate the extra care housing over the next 25 years in conjunction with West Kent Housing Association.  The project will include 24-hour care and support as well as communal facilities. The scheme is being delivered through the Kent EHFA ProjectCo Limited, a special purpose vehicle.

The "Excellent Homes for All" project is Kent County Council's second housing PFI project, and was procured by the County in partnership with five District and Borough Councils.

Ian Graham, national head of Housing and Regeneration at Trowers & Hamlins, said:  "We are thrilled to have worked with Kent County Council on this PFI which closed on 20 June 2014, and delighted that over 230 new apartments will be delivered, assisting the Council in ensuring better care for residents."

The team at Trowers & Hamlins was led by Ian Graham with Lucy Doran as lead associate, and assistance from Victoria Thornton, Paul McDermott, Christopher Pedder, Neil Waller, David Hughes, Ian Dobinson, Stephanie Geesink and Nicola Freeman.

This is the second housing PFI that Trowers & Hamlins has closed in the last three months, having closed North Tyneside housing PFI on 26th March. Trowers & Hamlins is also advising the Registered Provider Manchester & District Housing Association, part of the consortium selected as Preferred Bidder on Stoke-On-Trent's housing PFI, which will be the final PFI housing scheme to close in England.