Call to create a Community Wealth Fund grows as PlaceShapers became 100th member of the powerful campaign alliance.
5 June 2019 more...
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Twenty five new affordable homes have been provided in Peterborough, completing an 18-month build programme, with a contract value of nearly £2.4m.
This has provided 12 affordable rented homes and 13 shared ownership properties over two phases as part of the housing association’s ambitious development programme. The Section 106 site has now been transformed, helping 25 families move into a home they can truly afford.
In its eleven years, Cross Keys Homes has built over 1,400 new homes and aims to complete a further 1,500 by 2021. During this financial year alone, they will have completed 390 homes. PlaceShapers are currently building 26,000 new homes.
Cross Keys Homes’ Chief Executive, Claire Higgins, said: “This is a fantastic scheme helping so many local families to move into good quality affordable and sustainable homes.”
The homes have been built by national developers KeepMoat alongside 62 properties for outright sale and have made a huge improvement to the local area contributing to both its social and economic revival.
New tenant Kelly Samroo and her four children (pictured) were one of the last families to move into a 4-bedroom semi-detached home on the site. Miss Samroo said: “We are delighted with our brand new home. It has given us stability and it’s somewhere where we really enjoy living. I have a disabled son and thanks to Cross Keys Homes I now have a home that meets the specific needs of our family and can be easily adapted for any future needs. Nathan is so happy here and he finally has a home fit for his needs that he can thrive in.”
Peterborough MP Stewart Jackson, added: “It was a real pleasure to meet Kelly and her family and see how their new CKH home has transformed their lives. This development is good for Peterborough, providing much needed affordable homes for the city, and it is fantastic to see the great work CKH are doing in providing quality homes and life opportunities for families right across Peterborough.”
Since reviewing its development strategy early in 2015, the housing association is now working on large strategic developments in Milton Keynes, Godmanchester, Bedford, Higham Ferrers and Oundle as well as continuing to build in Peterborough. Cross Keys Homes has also only recently announced a joint venture partnership with Peterborough City Council to build all types of housing including affordable, market rent and outright sale homes. This partnership will be funded in part by the money generated through Right to Buy sales, where residents have purchased their homes.
Peterborough is already enjoying some of the fastest rates of house-building in the UK, but as the country's third fastest growing city, there is great pressure on housing in the region and Cross Keys Homes is determined to do all that it can to help as many people as possible make a home of their own a reality.