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Mayor James Palmer is encouraging housing developers to work with the Cambridgeshire and Peterborough Combined Authority in bringing forward more £100K Homes after receiving 228 applications for eight £100K Homes in Fordham, Cambridgeshire.
As part of ongoing work to ensure more people have access to affordable housing across the region, Cambridgeshire and Peterborough Combined Authority has announced a partnership with first-time buyer property portal, Share to Buy, to raise the profile of affordable home ownership options across the region.
The Housing and Communities Committee of the Cambridgeshire & Peterborough Combined Authority has approved funding for 81 affordable homes at sites across Huntingdonshire and Cambridgeshire on Monday.
The Combined Authority has today approved funding for a new dedicated team tasked with establishing Community Land Trusts to strengthen communities and deliver affordable housing across Cambridgeshire and Peterborough.
Mayor James Palmer today (Friday 14th) visited new homes in Melbourn, South Cambridgeshire, which were unlocked through the Cambridgeshire & Peterborough Combined Authority's £100 million Affordable Housing Fund.The eight homes are part of a new phase at Victoria Heights being built by local company Granary Developments.
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 & Peterborough Combined Authority plans to establish ambitious housing targets to 2050 that will capture the true housing needs of the local area, stating that current figures fail to fully take into consideration local plans for growth.