The latest news from the Cambridgeshire & Peterborough Combined Authority:
Medesham Homes, an equal Joint Venture between partners Cross Keys Homes and Peterborough City Council, has been successful in its bid for grant funding from Cambridgeshire & Peterborough Combined Authority to help build desperately needed affordable homes in Peterborough.As part of the Combined Authority's commitment to seek to accelerate the delivery of affordable housing, Medesham Homes has been successful in its bid for £735,000 for their Belle Vue development in Stanground which will see 30 new homes completed this year.Clair Higgins, Chief Executive of Cross Keys Homes and a Board Member of Medesham Homes said: "Building new affordable homes for the city is a priority of ours, so to receive this funding which will help to accelerate a sustain even more new homes for affordable rent and meeting local need, is fantastic news."Medesham Homes' Board Member, Howard Bright, added: "We are determined to make a positive difference by building as many new affordable homes as we can.
Community land trusts, discounted homes capped at £100,000, and taking a more direct role in housing delivery through its own development company are all part of a bold and innovative new housing strategy to be recommended to the Cambridgeshire and Peterborough Combined Authority Board on Wednesday, 26th of September.
Housing plans which include a cash injection for eleven affordable housing schemes across Cambridgeshire and Peterborough have been approved by the Combined Authority to accelerate the delivery of housing in the area.
A housing summit hosted today (Monday 24 July) has seen a pledge laid down to accelerate much-needed high quality housing in Cambridgeshire.