William Eichler 08 January 2019

Stoke-on-Trent announces £40m housing partnership

Stoke-on-Trent announces £40m housing partnership  image

Stoke-on-Trent City Council has announced it is to undertake a major £40m regeneration programme in order to deliver hundreds of affordable houses.

The scheme will be carried out by a public-private sector partnership — the first of its kind in the West Midlands city — between the council, Cheyne Capital and Homes England.

A total of 379 new affordable homes will be built in Stoke-on-Trent on cleared brownfield land and at a housing scheme where 155 low rise flats and maisonettes will be replaced with 226 new apartments.

The new accommodation will include rented housing, one-bed apartments for older people and family housing. It will also include more car parking, improved waste management facilities, extra security and landscaping.

The council has established its own company to be a registered provider of affordable housing, which will enable it to access grant support from the Government agency Homes England.

Cheyne Capital will use its Social Property Impact Fund to buy the land and fund the development and the city council will lease back the properties over 40 years after which it will have the opportunity to buy them for £1.

The council’s housing repairs and maintenance company Unitas will be responsible for maintaining the properties.

‘This project is really exciting. We have worked in a completely new and innovative way to put forward a programme of work that will deliver the multi-million pound regeneration of two areas of the city in need of attention,’ said Cllr Randy Conteh, cabinet member for housing, communities and safer city.

‘It is a project that we do not have the public funds available to lead alone; but by working collaboratively with the private sector we can raise the quality of accommodation and life of hundreds of families, and rejuvenate communities.’

Caroline Cormack, head of home ownership and supply in the Midlands for Homes England, said: ‘We welcome Stoke-on-Trent City Council’s ambitions for this development and are excited to be working with them to explore the best solutions for both of these sites to accommodate the housing needs of the local communities.’

Darren Carter, investment director for social property at Cheyne Capital, said: ‘We know that partnering socially responsible capital with councils and government agencies can accelerate the delivery of high quality, affordable and inclusive homes to communities that need them most.

‘We were impressed by Stoke-on-Trent Council’s progressive attitude towards addressing their housing needs and are excited to be involved in this landmark project.’

Highways jobs

Senior Traffic Engineer

East Riding of Yorkshire Council
£32,029 - £34,788 per annum
Currently seeking an enthusiastic and experienced individual to manage our Traffic Team. East Riding of Yorkshire
Recuriter: East Riding of Yorkshire Council

Chief Executive

Norwich City Council
Competitive Salary
Could you lead an organisation with a £120m turnover? Norwich, Norfolk
Recuriter: Norwich City Council

Lifeguard

Chelmsford City Council
Grade 3 - Starting at £17,931 per anum and rising to £19,131
Riverside Leisure centre has now opened and its new exciting 25 metre 10 lane pool with Learner Pool, Splash Zone and Flume needs you to help us ma... Chelmsford, Essex
Recuriter: Chelmsford City Council

Technician

Derbyshire County Council
£22,628 - £24,455 per annum
Two posts have become available in the Council's Highways Development Control Section Derbyshire
Recuriter: Derbyshire County Council

Business Systems Support Officer

South Holland District Council
£21,166 - £24,799
Starting salary
Recuriter: South Holland District Council

Local Government News

Latest issue - Local Goverrnemnt News

This issue of Local Government News explores how councils can tackle modern slavery and trafficking in their supply chains, finds out more about Cambridge's first cohousing scheme and the launch of a new project to build a shared service pattern library for local government.

This issue also contains a special focus on children's services and how councils are protecting children following local safeguarding children boards being abolished.

Register for your free magazine