On the 31st March 2022, the Cambridgeshire & Peterborough Combined Authority concluded its 5-year Affordable Housing Programme, achieving the delivery of 1449 new homes in communities across the region.
The Programme
The Affordable Housing Programme was delivered in two halves. The ‘original’ programme ended on the 31st of March 2021 achieving a total of 37 schemes with allocated funding and 733 homes started on site. Schemes in this part of the programme had £26.1m of grants committed to them and included the five loan schemes originally intended to be part of a revolving fund, repayments from which are now being used to fund the grant programme. The second half of the programme ran from April 2021 to March 2022 and delivered 716 homes, all of which have started on site. In total, this amounts to 1449 affordable and accessible homes to meet the unique needs of the region. The Combined Authority has therefore fulfilled 72% of the 2000 unit target set by the Government’s devolution deal using little over half of the agreed funding at £56m.
The programme faced its challenges with sector skill shortages post Brexit and then Covid impacting on supply chain issues. Nevertheless, the programme was successful in delivering many affordable homes on 37 sites. The Combined Authority proactively sought to distribute the benefits of affordable housing throughout the region working closely with its constituent councils, housing associations and charities across the spectrum. Many national and local construction companies have been partners in the delivery of this vision.
All sites in the programme are expected to be completed by mid-2025. In many cases, there has been priority given to people with a connection to the area to allow local people a better chance of getting on the housing ladder and staying close to family.
The Future
The Cambridgeshire and Peterborough Combined Authority will retain the expertise and skills acquired from the housing programme, leaving us with the capability to respond to and bid for future housing funding opportunities.
You can get in touch with our housing team via our Contact Us page.
Our Housing projects
Current Housing Projects
See the current housing projects that we have underway, and find out more about the developments.
Find out moreClick for Current Housing ProjectsAffordable Housing
Our affordable housing programme is empowering developers across the region to include a wider proportion of affordable homes that could not otherwise be built.
Find out moreClick for Affordable HousingCommunity Led Housing
The Community Led Housing team support communities across Cambridgeshire and Peterborough to deliver their own affordable housing.
Find out moreClick for Community Led HousingAngle Developments
The creation of the Angle Developments Ltd company allows the Combined Authority to accelerate housing delivery
Find out moreClick for Angle DevelopmentsFor Developers
The Combined Authority can invest in schemes within Cambridgeshire and Peterborough via grant or loan, as long as schemes will start on site by 31 March 2022.
Find out moreClick for For DevelopersRELATED NEWS
Mayor Dr Nik Johnson statement in response to The Rt Hon Angela Rayner…
Partners celebrate high point for hundreds of new homes
Mayor Dr Nik Johnson celebrates completion of 94 affordable homes at A…
Mayoral statement on Gov’s Long Term Plan for Housing