Affordable Housing Development
Our role in Affordable Housing Development is to work with partners to maximise the supply of affordable housing in the district based on the housing need in the area.
Affordable housing is housing which is provided to meet the needs of those who are unable to afford to buy or rent housing generally available on the open market. This normally takes the form of Housing Association houses and flats for social rent or purchase on a shared ownership or fixed equity basis. We work with private developers, the Homes and Communities Agency and local Housing Associations to bring forward sites with new affordable homes that will meet the needs of the local community.
An example of a recently completed affordable rural development in Malvern Hills is:
The Crown, Martley. (Ryecroft Way) 20 Affordable Housing Units delivered 2015-16 comprising of 10 x 3 bed houses, 6 x 2 bed houses, 2 x 4 bed houses, 2 x 2 bed bungalows. These were a mixture of affordable rent and fixed equity (discounted market sale) properties.
For more information on shared ownership and fixed equity options see our ‘Affordable Home Ownership’ page.