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HCA chief executive, Sir Bob Kerslake, said: “The response to our bidding process shows the level of appetite and capacity for development which is out there in the house building sector."

Top housebuilders up for £1bn housing cash

The Homes and Communities Agency has given the go-ahead to 270 Kickstart housing schemes, with the big volume housebuilders scooping a large chunk of the £1bn development cash on offer.

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