City West Housing Trust is set to invest more than £30 million to create 286 new homes in Salford, after securing funding from the Homes and Communities Agency’s (HCA) Affordable Homes Programme.
The landlord is moving forward with proposals to build homes for affordable rent and shared ownership between 2015 and 2018 after the HCA awarded £7.4 million of funding to support its plans to build much needed new homes.
City West is already investing around £44 million in new housing projects across Salford, with more than 200 family homes, apartments and bungalows currently being completed on a number of sites and a new extra care facility at Amblecote Green due to be opened shortly.
The new funding from the HCA will mean the landlord will be able to continue with its ambitious development programme beyond 2015.
Colette McKune, Deputy Chief Executive of City West Housing Trust, said: “This is great news for the people of Salford.
“The city is crying out for more affordable homes to help cut housing waiting lists. City West has invested a huge amount of time and effort in identifying sites that can be brought forward for development. We’re delighted that the HCA has supported our proposals and we received 100% of the funding we applied for.”