Backing for £83m homes plan
by Jim Dunton Thu 1 August 2013, 11:23 am
Members of Hounslow Council's cabinet have given their backing to ambitious £83 million plans that could see almost 500 new affordable homes built in the borough.
The move would come alongside the creation of a further hundred places at sheltered-housing schemes.
Changes to government rules on how councils can use the income from their housing stock would allow Hounslow to spend £54 million from the borough’s housing revenue account to pay for 259 new affordable homes, 48 sheltered housing units and 50 hostel units.
At this week’s meeting, cabinet members also agreed in principle to borrow a further £29 million to pay for another 224 affordable homes.
Borough housing and regeneration lead Steve Curran said the proposals represented Hounslow’s largest contribution to affordable housing in a generation.
“Now we have the control over the income we receive from our housing stock, we can use this to invest in building much-needed new homes, and improving existing housing,” he said.
“At a time when the cost of living is rising beyond the means of many, these are ambitious plans that will create hundreds of new affordable homes for local families to enjoy for years to come.”
The plans include 88 new affordable homes built as part of the Heston leisure development, as well as a further 171 at priority council-owned sites across the borough.
As well as building new homes, the plans include rebuilding sheltered housing at Rectory Court and Hogarth Court to provide 48 new sheltered flats, and refurbishing Frogley House.
The hostel units would provide temporary accommodation for households who need emergency accommodation.
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