The Mayor and the Combined Authority are committed to increasing the number of new homes built in Cambridgeshire and Peterborough, to meet the needs of a growing economy and address issues of affordability.
We are looking to work with developers, housebuilders, housing associations, Community Land Trusts and other partners across Cambridgeshire and Peterborough to help us achieve this.
As part of the Devolution Deal, the Combined Authority will receive £170 million between 2017 and 2022 to deliver an additional 2,500 new affordable homes. £70 million of this is ring-fenced towards a comprehensive housebuilding programme led by Cambridge City Council which will provide at least 500 new council-owned homes. A further £100 million will be invested across Cambridgeshire and Peterborough to deliver a minimum of 2,000 affordable homes.
The Combined Authority Board has approved a Housing Strategy which sets out a variety of ways in which the Authority and partners can use their funding and powers to unlock stalled developments and accelerate delivery of new housing.
What is being delivered so far?
Investment in new Affordable Homes
Just under £8 million in grants and £37 million in loans has been approved by the CA Board to date to deliver 17 schemes. The loan investments will be repaid to the programme and establish a recycling fund to enable investment beyond 2022.
143 homes have Started on Site and 21 completed to date.
The first 8 affordable homes funded vis the Combined Authority's programme were completed in August 2018 and were delivered by Palace Green Homes as part of a Community Land Trust scheme at The Shade, Soham, East Cambridgeshire. For more information click here.
8 homes for Shared Ownership were completed in Littleport at the end of 2018 by Cambridge Housing Society. Find out more here.
8 more Shared Ownership homes were completed at Victoria Way, Melbourn in June 2019 delivered by Cambridge Housing Society. Find out more here.
Cambridge City Affordable Housing Programme
The City Council is using the Devolution funding alongside its housing revenue budget to deliver new homes for rent, through the Cambridge Investment Partnership.
The programme will deliver a minimum of 500 new homes for council rent by March 2022.
How to follow the Programmes' Progress
Performance updates on the two housing programmes are provided to the Combined Authority's Housing and New Communities Committee on a quarterly basis - papers from the 3 April can be found at http://cambridgeshirepeterborough-ca.gov.uk/meetings/housing-and-communities-committee-3/?date=2019-04-03
How to get involved
Our Housing and Development Team is keen to explore opportunities to partner with developers, housebuilders and housing providers to deliver new affordable homes in Cambridgeshire and Peterborough. Please contact the team for a discussion in the first instance.
Apply for funding from the Housing Programme
The Combined Authority can invest in schemes within Cambridgeshire and Peterborough via grant or loan, provided schemes will start on site by 31 March 2022. This might be via a traditional grant for new affordable housing or investment in on or off-site infrastructure, subject to State Aids regulations.
We will consider applications for funding to deliver new affordable homes across all tenures, provided the scheme has the support of the local planning authority.
For an initial discussion please contact Housing and Development
If you have queries regarding the Housing Programme or potential funding, please call 01480 277180.
Roger Thompson, Director of Housing and Development
Nick Sweeney, Development Manager (Residential)
For queries specific to the City Council’s programme, please contact
Claire Flowers, Head of Housing Development Agency