News & Views!News & Views

Big Investment in Borough boosts housing programme

0057/ir 
21 April 2008

Crewe and Nantwich, along with the rural areas surrounding the two towns has recently attracted exceptional investment to boost the local housing and accommodation stock. The money will provide a mix of shared ownership and affordable rented properties. 

Details of the funding is as follows –

£3.2million to the YMCA to redevelop the current accommodation

£1.6million for new houses and apartments in Crewe

£1.2 million for new supported housing in Crewe

£400,000 for new apartments in Nantwich 

£500,000 for new housing in the rural areas

The money comes from the Housing Corporation as part of their National Affordable Housing programme– it does not go to the Council but to individual Housing Associations.  In this case, the recipients are Wulvern, Muir and Crewe YMCA.  It is the first allocation from the money available over a 3 year period in the North West which totals £562m.  The Corporation has only allocated a portion of this so the Borough should get more – another £3.2m worth of bids for C&N did not get funding at this stage, but will be the subject of further bids to the Corporation.

Vikki Jeffrey, Head of Housing for Crewe and Nantwich Borough Council, said:  “I am delighted that the Housing Corporation have recognised the extent of the need for affordable housing in Crewe and Nantwich by committing to the highest allocation in Cheshire.   This has been achieved by our partnership working with Wulvern housing.”

The YMCA have also just been informed that they will be receiving a further £2m from Communities for Local Government for development of new services at the YMCA.  This will be aimed at developing the skills and confidence of the residents and will also be available to the local community.

 

 

COUNCIL CONTACT:       Vikki Jeffrey – Head of Housing

TELEPHONE:                   01270 537257         

EMAIL:                            vikki.jeffrey@crewe-nantwich.gov.uk

                                              

 

                                                    For Media enquiries contact:

Ian Richardson - 01270 537018

                                       ian.richardson@crewe-nantwich.gov.uk or

                                                                          http://www.crewe-nantwich.gov.uk/