Seven developers have been shortlisted for a scheme in Gloucester, which they will be expected to build and manage.
English Partnerships, together with the Housing Corporation and the Gloucester Heritage urban regeneration company, wants to build up to 400 homes on a former college site on the outskirts.
Bellway Homes, Charles Church Homes, Edward Ware Homes, the Grainger Trust, Linden Homes, Lovell and Sanctuary Housing are the seven shortlisted bidders.
The successful bidder, to be announced in March, must manage the site and retain ownership of the affordable housing for at least 10 years.
Gordon Isgrove, of Osmond Tricks, who is acting as EP鈥檚 agent, said: 鈥淭his is about improving values over the longer term by ensuring the development is high quality.鈥
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