Plans to continue affordable home investment in Salford unveiled
The Homes and Communities Agency (HCA) has announced plans to help ensure that affordable homes continue to be built in the north-west as the credit crunch rumbles on.
In forming links with Countryside Properties, Salford city council, In Partnership and Manchester Salford Pathfinder, the HCA has revealed it is to supplement investment in the Higher and Lower Broughton areas of Salford.
Although work in the region has seen more than 750 homes completed in recent years and 147 families moving to new registered social landlord-owned and managed homes, additional funding from the agency is set to see a further 20 acres of land be identified for redevelopment.
Those looking for jobs in housing may be interested to hear that not only will this land be use to create a number of affordable family homes but also new sporting, community and nursery facilities.
Deborah McLaughlin, north-west regional director for the HCA, said: "We are providing significant new funding to make sure these important and ambitious developments in Broughton are able to maintain momentum in the current climate."
Such news comes after a recent study by the National Housing Federation revealed that the number of Britons on social housing waiting lists is set to reach the two million mark by 2011.
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