Published: 25th Nov 2020

Plymouth City Council and Plymouth Community Homes (PCH) are to join forces in a new scheme to build at least 600 new homes.  The city’s biggest housing association and the local authority have teamed up for the agreement which will see construction of an initial 601 new homes, of which at least 444 will be for affordable housing. The partnership will bring forward £95.7m of investment opportunities with the council providing land and £4.75m of financial assistance through the Plan for Homes. PCH will bring land and £12.5m of subsidy to deliver 601 new homes, with potential to deliver more homes as the partnership develops and further land and funding opportunities become available. The homes will include a mix of social and affordable rent, shared ownership and open market sale with a variety of house types including bungalows, flats and family homes. There will be 292 social and affordable rented, … (To read the full article, subscribe below)