Two key projects to deliver new affordable homes in Manchester

Plans for a raft of new affordable homes across a number of sites in North Manchester are set to be approved when the city council’s executive meets tomorrow (Wednesday, January 10).

External funding has been confirmed, combined with council investment, for two major schemes that will deliver around 135 homes.

Manchester City Council has secured £2.85m from the Homes and Communities Agency’s (HCA) Shared Ownership and Affordable Housing Programme (SO&AHP 2016-2021) – along with £8.433m borrowing from the authority – to help build 25 shared ownership and 50 affordable rental products, managed by Northwards Housing.

‘Investigations’ are currently underway at a number of sites across North Manchester for more affordable homes.

In addition, 20 new homes will be bought on the Booth Hall development in North Manchester.

The homes will be funded by a £345,000 grant from the HCA and £2.108m investment by the council to acquire the properties, currently being developed by Taylor Wimpey, to offer for shared ownership to give people with lower income a chance to get a foot on the housing ladder.