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.
Cambridgeshire and Peterborough Combined Authority Board has agreed a repayable commercial loan up to a maximum of £24.4 million to bring 88 empty homes in Ely back into use. The loan will enable the purchase of the Ministry of Defence-owned homes site at Princess of Wales hospital in Ely, where the properties currently sit vacant and are in need of a programme of refurbishment.
Government has today (Wednesday 21st March 2018) announced that a bid for £193m of Housing Infrastructure Funding (HIF) from the Cambridgeshire and Peterborough Combined Authority has taken an important step forward to co-development stage.
A new national housing agency – Homes England – has today (11 January 2018) been launched by Housing Secretary Sajid Javid as one of the key steps towards delivering the homes the country needs.
A housing summit hosted today (Monday 24 July) has seen a pledge laid down to accelerate much-needed high quality housing in Cambridgeshire.