A £12 million new affordable housing development in Horncastle by the Waterloo Housing Group is poised to deliver its first new homes for local people in the new year.
The development at N’dola Drive and Churchill Avenue is making way for the future by providing 106 new homes for rent and sale - and in the process, replacing 36 outdated flats and maisonettes.
Waterloo are working in partnership with East Lindsey District Council.
Over half of the new homes are due to be completed in phases by late spring 2015, with the first rented homes ready in February.
By May 2015, building contractor Geda will have built 64 energy-efficient new homes for Waterloo: 41 for rent and 23 to part-rent and part-buy through shared ownership. The remaining 42 new homes are due to follow by early 2016.
Councillor Sandra Harrison, portfolio holder for communities at ELDC, said: “It is great to see more affordable housing being available for local people to enable them to stay in the areas where they grew up and now work in.”
Waterloo’s new housing has received government grant support of £1.4 million from the Homes and Communities Agency.
Anthony Riley, Waterloo’s group director of development and operations, said: “The project is latest of many successful schemes developed in partnership with East Lindsey District Council which has attracted much-needed government funds into the District.”
The development at N’dola Drive is not only providing new and better housing for local people but also job opportunities.
Local labourer Philip Riley is a resident who has found employment with Geda through the development.
Along with his partner Alison and teenage daughter Phoebe, he will benefit from moving into a new two- bedroom house on the site when their old flat is demolished.
Philip also has one of the allotment plots adjacent to the site where he grows vegetables for the family.
The allotments will also see improvements made to them as part of the scheme.
Philip is pleased he is able to stay in the area with the help of the new affordable housing he is helping to build.
He said: “It’s fantastic to the see the housing taking shape and for me to be part of the transformation of the area.
“The houses look great and are a very good quality. I love gardening so we’re really looking forward to having a garden of our own.”
Chris Stinson, contracts manager at Geda, added: “We are delighted to be involved in this project through Waterloo.
“The homes are constructed to enhanced space standards and include increased levels of insulation so they’ll be warm and energy-efficient for residents.
“By employing Philip, we’ve given him the opportunity to be involved at first hand in building his new home and in providing much-needed new housing for other local people.”
The additional homes available to rent at N’dola Drive will be let through Homes Direct, the online choice-based lettings service run by Waterloo Housing Group in partnership with the District Council.
Local people looking for a new rented home are urged to register on http://www.homesdirect.org.uk as soon as possible, to be ready to apply when the next phase of homes at N’dola Drive are advertised on Homes Direct on 14 – 18 January 2015.
Preference will be given to people with a local connection to the area.
There are also opportunities to buy your own two or three bedroom home at the development through shared ownership, with prices starting from £27,500 for a 25% share.
Visit http://www.waterloohomes.org.uk for more details.