Housing association to build 670 homes by 2020
Housing association Derwent Living is pledging to build 670 low-cost homes over the next three years.
The firm says it already has more than 60 homes in Littleover, Derby, already under construction and several other sites planned, in Mackworth, Boulton Moor and Hucknall. The new properties will be a mix of shared ownership and affordable rented homes.
The plan to build the new homes is part of Derwent Living’s recently released 2017-2020 business plan, which sets out the company’s aims and objectives across a number of key areas.
Head of development, Neal Farmer, said: “There is an overwhelming need for affordable housing in our region. Over the next three years Derwent Living is planning to work with developers and partners to create a broad range of properties for rent and shared ownership.
“Smaller homes are especially in demand, so we’re delivering a number of one-bed houses alongside two and three-bed family homes.
“This is our first business plan since joining the Places for People Group in January 2017; a move which has enabled us to launch our most ambitious development programme in recent years and opened up further opportunities for Derwent Living to increase investment in communities.”
The homes are being delivered alongside national housebuilders, as well as local authorities, and are expected to be completed by 2020.
