Exciting New Affordable Housing Scheme for Lancaster

Local landlord Impact Housing Association is to build twenty six new homes in Lancaster. They will be let to local households on affordable rents. Grant funding of £711,000 has just been confirmed by the Government’s Homes and Communities Agency with further funding from Lancaster City Council and Leonard Cheshire Disability The capital cost will be £3.96m, 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. There will be 14 family houses and 12 flats. The flats will be let to people with physical disabilities through Leonard Cheshire Disability, who are providing the additional funding for the specialist features in the scheme.
 

Mike Muir, Impact’s Chief Executive, said “This is the first social housing scheme that we have built in Lancaster and only the second scheme we have carried out in partnership with the City Council. 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, home ownership is going to continue to be out of reach for most local families on average incomes for the foreseeable future. Impact specialises in developing small, mixed communities and this will be the third scheme that we have put together with Leonard Cheshire to integrate people with physical disabilities into wider community housing schemes.”

The homes 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 01900 842140.