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<p>On 8 March the sale of the former Holloway prison site to social housing group
Peabody in partnership with London Square Ltd was announced. The sale will help drive
forward the Government’s commitment to invest in our prison estate, including to replace
ageing prisons with modern, purpose-built establishments, which improve rehabilitation
and create safe and secure environments. We have worked closely with the local authority
to ensure the amount of affordable housing on the site meets the planning requirement
and we are pleased that the proposed development will achieve this aim, while also
giving best value to the taxpayer. The money, which was received as a single payment,
from this sale forms part of the Department’s overall budget and so is supporting
our initiatives to deliver safer prisons which better support resettlement and ultimately
reduce reoffending.</p><p>The plans for the women’s centre were set out in the proposals
for the site announced by Peabody and London Square who are leading on this important
initiative and the development of the site.</p>
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