Council receives grant funding to deliver new affordable homes

Posted on: 26 August 2014

Council receives grant funding to deliver new affordable homes

The Council has recently been awarded £400,000 funding from the Homes and Communities Agency (HCA) under the new 2015-18 Affordable Homes Programme.  This programme aims to increase the supply of new affordable homes in England by contributing to the delivery of 165,000 new homes by March 2018. In that time the HCA will invest £1.7 billion in affordable housing.

This is the first time the Council has made a bid application for grant funding for affordable housing. The grant will be used towards the development costs of providing 20 new affordable homes across two sites in Mid Devon; Fir Close, Willand and St Andrews Street, Tiverton. All of these homes will be at affordable rent (up to 80% of market value) to provide families, couples and single people affordable accommodation.

Properties will be advertised through Devon Home Choice next Spring. Anyone interested in applying will need to be registered on Devon Home Choice www.devonhomechoice.com

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Posted in: Community | Housing | My Council