Work is underway on an £8 million housing project that will provide much needed affordable housing in County Durham.
The development, in Peterlee, has been led by Partnerships North, working with believe housing (formerly County Durham Housing Group). It includes homes in greatest demand, such as bungalows – some specially adapted for people with mobility challenges and wheelchair users.
Alongside the bungalows, a mix of two and three-bedroom family houses will be constructed. The majority of the properties will be offered at affordable rent, with 25 of the houses available through the government-backed ‘Rent to Buy’ scheme.
In total, 67 properties will be built on the former school site off Robson Avenue, with the first residents scheduled to move in from spring next year and the development completing early in 2021.
The development has been made possible by the use of £2.5 million of the Partnerships North Affordable Housing Programme Grant, obtained from Homes England, to unlock the potential of the plot and help secure the scheme for its partner.
Sean Egan, Managing Director with Galliford Try Partnerships North, said: “We are delighted to be continuing our partnership with believe housing, which over the last couple of years, has delivered 40 homes in County Durham. Increasingly we are finding that by using our expertise, experience and grant funding to identify and kick start viable projects, we are able to help the region’s housing providers to meet housing need.”
Development Manager at believe housing, Tom Winter, said: “This is our largest single development to date and a significant investment in east Durham. This partnership has given us the opportunity to demonstrate our commitment to finding new and innovative ways that we can help to meet the strong demand for affordable homes.”
The Peterlee project is one of eight recently secured by Galliford Try Partnerships North, which will deliver over 1,000 homes across the North East. With a gross development value of £173 million, the initiatives include properties for open market sale, shared ownership, affordable rent, private rent and extra care facilities for the over 55’s.