Investment announced for Somerset community housing
An additional £1.3 million in funding has been announced for the delivery of new community-led housing projects in Somerset.
The Homes and Communities Agency (HCA) has revealed Queen Camel Community Land Trust (CLT) and Hastoe Housing Association have worked in partnership to date, having already invested a combined £870,000 in the provision of new homes in the area.
Up to 16 new affordable properties have already been delivered as part of the initiative, but the new funding will help bolster this number considerably in the coming months.
Furthermore, the investment will help in the provision of additional community facilities for residents, such as spaces for children to play, while encouraging more locals to stay in the area.
Chairman of Queen Camel CLT and parish councillor Rosemary Heath-Coleman said: "These new homes will help maintain these important links, which will also help safeguard the future sustainability of the village.
"There's a lot of work still to do but we will be aiming to put together a planning application for the homes by the end of the year and we will continue to consult with the community on this in the months ahead."
All of the additional accommodation in the area is being delivered as part of the HCA's ongoing Affordable Homes Programme, with the majority of properties in the area presently valued at up to 11 times the average salary for homebuyers.
Last month, the HCA reported that MP Eric Pickles opened the new Rosewood development in Colchester.
Mr Pickles was joined at the ceremony by Pat Ritchie, chief executive of the HCA, Sir Bob Russell MP and James Moody, managing director of Crest Nicholson Eastern.
The event marked the culmination of the first phase of development at the site, which has so far resulted in the creation of 248 new homes, with more to follow in the coming months and years.
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