Incommunities secures over £2 million to build new homes

Incommunities has secured a £2.3 million grant to build more affordable homes across Bradford.

As part of the Homes and Communities Agency’s latest Shared Ownership and Affordable Homes Programme 69 high quality family-sized homes are planned.

These will cover schemes at Bolton Woods, Shipley, Saltaire and Idle. Work is expected to start on site within the next 12 months.

The homes will be released as a mix of shared ownership and rent-to-buy tenures designed to help more people get onto the housing ladder.

In 2016 Incommunities completed 86 new homes and is on site or about to start a further 99 homes in Bradford and Huddersfield.

Geraldine Howley, Incommunities’ Group Chief Executive said: “This approval for our latest new build programme by the Homes and Communities Agency is terrific news.

“Over the last eight years we have delivered over 700 new affordable homes for local people and provided a significant boost for our local communities. This new funding will enable us to deliver more homes and offer local people different tenures.

“A big well done to our in-house development team on securing this money and continuing to take a proactive approach to working with funders and developers.”

Jez Lester, Incommunities’ Assistant Chief Executive, Asset Management said: “We are delighted that our bid to the Homes and Communities Agency was approved in full.

“We now plan to hit the ground running to deliver these new homes that meet a variety of needs and, at the same time, regenerate former housing and brownfield sites.”

Rob Pearson, General Manager for the North East, Yorkshire and the Humber at the Homes and Communities Agency said “This new allocation for Incommunities is part of the Government’s commitment to increase housing supply and halt the decline in affordability.

“Our funding will improve housing choice for people in Bradford and support Incommunities’ very successful record of delivering more affordable homes for local people.”

Written on 12th January 2017Lillie Geistdorfer. Published in Members News, News