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Construction News
04/01/2019
Green Light For Middlesbrough Council Housebuilding Programme
Plans have been green lit for Middlesbrough Council to deliver a housebuilding programme under a new company.
The new company, with a start-up funding package of up to £10 million, will build homes affordable homes following approval from the Council's Executive.
The first homes are expected to be constructed in the Gresham, Beechwood and Hemlington areas.
Cllr Lewis Young, Middlesbrough Council's Executive Member for Economic Development and Infrastructure, said: "The formal approval of this housing delivery project is a significant milestone in the major regeneration plans for Middlesbrough.
"Quality housing is a central part of creating a Middlesbrough with a strong city-level economy where people want to live and work.
"We have said it before but it is worth repeating – this is a bold and radical approach by Middlesbrough Council and our company will be driven by people, not profit.
"Alongside our Local Plan, the authority building homes means we can control and direct where new homes are built and what kind of high quality housing we want to meet the needs of local people."
(CM/MH)
The new company, with a start-up funding package of up to £10 million, will build homes affordable homes following approval from the Council's Executive.
The first homes are expected to be constructed in the Gresham, Beechwood and Hemlington areas.
Cllr Lewis Young, Middlesbrough Council's Executive Member for Economic Development and Infrastructure, said: "The formal approval of this housing delivery project is a significant milestone in the major regeneration plans for Middlesbrough.
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"Quality housing is a central part of creating a Middlesbrough with a strong city-level economy where people want to live and work.
"We have said it before but it is worth repeating – this is a bold and radical approach by Middlesbrough Council and our company will be driven by people, not profit.
"Alongside our Local Plan, the authority building homes means we can control and direct where new homes are built and what kind of high quality housing we want to meet the needs of local people."
(CM/MH)
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