Affordable homes will offer relief for Leicester’s waiting list
Work has begun on 100 new homes on Loughborough Road in Leicester. We have partnered with Owl Partnerships to deliver much-needed affordable homes for people in Leicestershire.
As Leicester City Council’s housing waiting list reaches 6,500, due to private rent price rises and the cost of living crisis, NCHA continues with its mission to build new homes that people can afford. Determined to help alleviate the housing crisis, across the East Midlands, we’re currently on target to build 370 new affordable homes each year.
The homes on Loughborough Road will sit on former warehouse land. The mix of one, two, three and four bedroom homes will support housing need in the area.
44 homes will be let at an affordable rent to people on the city’s waiting list, and 42 will be part sold for shared ownership, an affordable way for local people to get on the housing ladder. The remaining 14 will be commissioned by Leicester City Council as supported housing.
The homes will be built to a high quality and designed to energy rating B. All new homes will include solar panels to help lower electricity bills and completed by 2025.
Councillor Elly Cutkelvin, Deputy City Mayor and Lead Member for Housing and Neighbourhoods met with Allan Fisher, Director of Development at NCHA to mark the start of work at the site.
Cllr Elly Cutkelvin, Deputy City Mayor for Housing, said: “This new development will bring forward another 100 much-needed affordable homes in what is already a thriving and popular neighbourhood.
“We are facing a national housing crisis and that means a growing demand for affordable homes in Leicester. Working closely with housing associations and developers like NCHA and Owl Partnerships is just one way we can help respond to that.”
David Bradley, Group Managing Director at Owl Partnerships said: “We are a leading provider of sustainable and high-quality residential properties in the Midlands and we are delighted to have started on our largest affordable scheme to date.”
The development has been funded by NCHA with support from Homes England. The scheme contributes to NCHA’s Strategic Partnership with Homes England, to deliver new, affordable homes across the East Midlands and East of England.
Early expressions of interest for the shared ownership properties can be made to NCHA Sales by emailing nchasales@ncha.org.uk.