Part of our work to create stronger communities includes building new homes, so that we can continue to give people the opportunity of a high-quality place to live.
Increasing our housing stock and allowing for a variety of tenure types, such as shared ownership and market rent, ensures we can continue to invest in our existing homes and communities.
Over the last year, we’ve been building in new areas, with new partners and with an increasing focus on providing truly affordable housing.
In addition, we gained funding to deliver a further three homes for social rent as part of the new development at The Brow.
More homes for social rent
This year, we secured a £3.3 million grant from Homes England to build a large number of homes for social rent in partnership with Watford Borough Council. This funding will allow us to work closely with the local authority to provide high-quality homes which are genuinely affordable for people in Watford.
With the funding, we are planning to deliver 55 new homes for social rent, a mixture of two- and three-bedroom flats and houses, with construction starting in 2019. By partnering with local authorities, we can boost the number of social rent homes we offer, giving people the chance to live in a home that meets the full range of their needs.
A year of firsts
As a business, we are now more complex than ever. We have several joint ventures with nearby local authorities and a commercial subsidiary, all of which help us to provide much-needed affordable housing across the county.
Our partnerships have made significant progress. In October, we celebrated our first development as part of Three Rivers Homes – The Chess in South Oxhey – reaching its highest point ahead of its completion in spring 2019. Construction work took place on homes in Puckeridge, which marks the first development by Clarendon Living, our commercial arm, and our first development in East Hertfordshire.
We also expanded into more areas. Our first homes in Dacorum, on Jupiter Drive in Hemel Hempstead, were handed to residents in September, and we started construction on Park Mead, delivering more new homes in Hertsmere.
One of our biggest achievements of the year was the opening of new homes off Tolpits Lane, near Croxley View, which were delivered by Hart Homes – our joint venture with Watford Borough Council. This development included provision for temporary accommodation and 36 new homes for affordable rent.
Regenerating the Meriden
Work also began on the Meriden regeneration, which is our biggest project to date. It will enhance the area for residents and communities, providing 133 newly built homes, an expanded community hub, a new parade of shops and fresh green spaces.
The works will cover two phases, with phase one progressing well. Already, we have delivered new parking spaces for residents, and construction began on the first homes – including high-quality, modern bungalows for older people.