Posted on 01 August 2019
Our strategic partnership with Homes England is ensuring that all 104 homes on a new scheme in Hove will be for affordable rent or shared ownership, enabling people to get onto the housing ladder.
Hyde is partnering with PMC Construction and Development Services (PMC) to build the homes on the former 1950s Westerman Industrial Works Complex at School Road.
“The original plan was to provide 40% of the homes for affordable sale and rent,” explained Hyde Group Business Development Director Guy Slocombe. “However, the grant funding from Homes England means 100 percent of the homes will be affordable.”
There will be 60 homes for rent and 44 for shared ownership, with a mixture of one, two and three bedroom flats and three and five bedroom houses, to meet a range of housing needs. There will also be office space, available to let by small and medium-sized local businesses.
“By providing homes and offices, this development will help build a sustainable community to deliver real economic benefits to the area,” Slocombe added.
PMC Director Stephen Cripps commented: “We have been partnering with Hyde to deliver a number of affordable housing projects in Brighton, Hove and the surrounding areas. Through these schemes, we have been able to offer training placements, apprenticeships, school taster days and have employed more than 100 people.”
This is one of the first projects in Hove to receive grant funding under the Homes England strategic partnership. Hyde were in the first wave of strategic partnerships which overall will deliver almost 40,000 affordable homes thanks to £1.74m grant funding from Homes England.
Carol Cairns, Head of Home Ownership and Supply for Homes England in the South East, said: “Our strategic partnerships give flexibility and longer-term funding certainty so that affordable homes can be built to meet communities’ needs. This is exactly what Hyde Group is achieving through the provision of this 100% affordable development of new homes.”
Work at School Road started in July with the demolition of the industrial units. All the homes are due to be finished by autumn 2021.