1,000 homes in 10 years: council launches ambitious housebuilding programme
It comes after the government recently removed the Housing Revenue Account (HRA) debt cap – meaning councils have the freedom to increase their borrowing level to fund the development of new homes.
Winchester City Council Leader and Portfolio Holder for Housing, Cllr Caroline Horrill, said:
“The need for affordable housing across the district has never been greater and we are committed to building new homes that will ensure that people can live and work in the district.
“This bold programme is exciting news and will allow us to provide new schemes in our district that will reduce the number of people on our waiting list and provide people with much-needed homes.”
The council has been prolific in its home building in recent years, including completed schemes at Chesil Lodge last year and Hillier Way.
This year the council is also about to commence the development of more than 60 affordable homes at The Valley in Stanmore.
The authority is also focused on schemes across the district and has been working closely with the Hampshire Alliance for Rural Affordable Housing (HARAH) to provide affordable housing in the district’s rural areas.