Waterloo Housing Group is working with Kettering Borough Council to deliver 72 new affordable homes – including the first new build council homes in a generation for the local authority.
Under construction by Westleigh, this £9.1 million scheme on Laburnum Crescent comprises one bedroom flats, one and three bedroom bungalows and two, three and four bedroom houses. Once constructed, the majority of the properties will be owned by Waterloo Housing Group and will be let for affordable rent. There will also be 16 shared ownership properties built for sale through Waterloo Homes. Five properties will be sold to Kettering Borough Council as new council housing.
Funding for the development is being provided by Waterloo Housing Group, Kettering Borough Council and the Homes and Communities Agency (HCA). The HCA are contributing over £1.6 million to the scheme, and Kettering Borough Council are funding some of the units (that are not HCA funded) with Right to Buy receipts. The scheme will provide much needed affordable housing in Kettering, and will help to meet the needs of older people and households with disabilities.
The first shared ownership properties handed over in January and the first rented properties are expected to handover in March 2017. The scheme is due to be completed by the end of summer 2017.