Exciting New Affordable Housing Scheme for Bootle

Local landlord Impact Housing Association is to build fourteen new houses in Bootle. They will all be let to local families on affordable rents. Grant funding of £380,000 has just been confirmed by the Government’s Homes and Communities Agency. The capital cost will be £1.9m, with the balance being raised by Impact and paid back through the rents. Rents will be just over £100 per week. The scheme, which has not yet got planning permission, will start on site in 2013 and be completed in 2014.
Mike Muir, Impact’s Chief Executive, said “This is the first social housing to be built in Bootle for many years. We’re really pleased to be building these new rented houses to help local families stay in their local community. Even with the recent slight reduction in house prices in West Cumbria, home ownership is going to continue to be out of reach for most local families on average incomes for the foreseeable future. ”
The houses will all be built to very high insulation levels and are designed to keep running costs as low as possible for residents.
 

For further information, contact Mike Muir on 07813858905.