Two residential schemes in Essex featuring at least 760 homes, the majority of which will be manufactured offsite, have been given a funding boost thanks to a £30m loan from Homes England.
More than 500 homes, including up to 110 affordable units, are being developed by Swan Housing Association and Basildon borough council on the site of the Craylands Estate, which is being renamed Beechwood Village.
And on the redevelopment of the nearby Laindon shopping centre site, Swan and the council are building 210 homes on a scheme to be called Laindon Place.
Homes England said it agreed on the loan as part of its £290m estate's regeneration fund.
Work is expected to finish at both sites by the autumn of 2024.
Sir Edward Lister, Homes England's chairman, said the agency had been working closely with Swan Housing on both projects and it "strongly supported" the use of modern methods of construction in the schemes.
Swan would make the homes at its modular factory in Basildon and by traditional construction methods, the housing association's regeneration and development director Geoff Pearce.
