Council appoints housing development partner
Published by Anonymous for 24dash.com in Housing and also in Development, Local Government
Enfield Council hopes that its "urgent need" for new family housing will be resolved with the appointment of Kier PLC as its development partner.
The local authority has identified seven small sites across the London borough to develop 94 new homes - the first council housing to be built in Enfield for several decades.
Over the last year all but one of the sites has been cleared and Kier will start work on the first project site by June.
All the homes will be mixed tenure developments including two, three and four-bed houses and one and two-bed apartments with some properties for shared ownership.
Cllr Ahmet Oykener, the council’s cabinet member for housing, said: “We have taken an innovative approach to the planning and funding arrangements providing 37 affordable rented council-owned homes.
“A wholly council -owned property company will be able to use the income generated from the remaining 57 homes to fund the whole development.
Dennis Seal, Kier’s residential investment director, said: “The provision of 37 new affordable rental homes in Enfield and the retention of the income from the remaining 57 properties will ensure that the initiative delivers homes to the highest standard.
“We will be using appropriate and sustainable materials to create attractive new homes that will fit into their surroundings across the seven very different sites, adding value and reducing running costs.”