Affordable homes boost for Downend
Published on: 30 Jan 2014
ELEVEN much-needed affordable homes are to be built on the site of the former Blackhorse Day Centre.
The £1.4m scheme for family homes and one-bedroom flats will be delivered by Merlin Housing Society with developer Cotswold Homes.
Peter Crouch, Merlin’s development manager, said “We’re delighted to be working with Cotswold Homes to build affordable homes in the area. Houses for families are in short supply, as are one-bed properties for those being hit by bedroom tax. “We hope this development will help ease demand for these types of properties in this area.
“Two of the houses will be available for shared ownership, giving first time buyers an opportunity own 40 per cent of their own home and get a foot on the property ladder.”
The development is due for completion in 2015 and the homes will be available through Homechoice.
Merlin Housing Society has signed a contract to deliver eleven much needed affordable homes in Downend.
The housing association is aiming to build more than 200 new homes within a 20 mile radius of its Chipping Sodbury HQ within the next two years.
The National Housing Federation estimates that house prices could increase by 37 per cent in the Bristol area by 2020. Rental prices could rise by 43 per cent.