Grants are agreed for ‘fast-track’ homes plan
THE FIRST project to be approved in a £10m “fast-track” housing pilot scheme will allow 38 affordable flats to be built at a Sheffield landmark site by summer 2019.
One and two-bedroom flats will be built on the site of the former Park Gardeners Club close to the Park Hill flats and high above the Parkway.
The Combined Authority (CA) of the Sheffield City Region (SCR) has agreed a grant of £517,000 to the Guinness Partnership less than four months after the initial application to the pilot the Housing Investment Fund (HIF).
The Guinness Partnership, one of the largest social housing and care bodies in the UK, hopes to be on site this month, with the homes completed by June next year.
The funding from the Sheffield City Region is part of its £380m programme of investment, which includes a contribution from the Government’s Local Growth Funding.
Bids were made for the SCR fund last November and further schemes are expected to be approved over the coming months.
Jake Berry, Northern Powerhouse and Local Growth Minister, said: “Government’s Local Growth Funding, combined with the multi-million-pound investment from the Sheffield City Region, is helping to deliver the new affordable homes the region needs.
“We need to think innovatively about how we can work across the private and public sector in order to meet the housing demands that come with a burgeoning population and a resurgent Northern Powerhouse economy.”