November 1 2014 Latest news:
Tuesday, November 6, 2012
Plans have been revealed by Norwich City Council to build its first council homes in 20 years at a site in Bowthorpe.
The landmark move comes as the council’s cabinet prepares to agree a new investment strategy for new affordable homes and approve two schemes that will bring 54 new council homes to the city.
Working in partnership with the Homes and Communities Agency (HCA), the council is looking to develop land at Three Score in Bowthorpe for up to 1,000 new properties.
The intention is that the first phase of around 180 homes would include 47 council-owned, as well as eight shared equity, homes – with an initial purchase price of 75pc.
A further seven council and four self-build homes are being proposed for land at the end of Pointers Field in the north of the city, off Aylsham Road.
The news comes amid low levels of house-building, and the subsequent growing need for homes, including those at affordable rents.
Brenda Arthur, leader of Norwich City Council, said: “We know in order to keep Norwich a prosperous and vibrant city, it is essential we do all that we can to meet local need for jobs and homes.”
Building these homes is also expected to provide a much needed boost to the jobs market.