Work has started on site in Matlock's Chesterfield Road on a mix of new homes for shared ownership and affordable rent for local people.
Waterloo Housing Group, together with its partners Derbyshire Dales District Council and Westleigh Partnerships, marked the occasion with District Council Leader Councillor Lewis Rose OBE turning the first spade of soil.
The £6.8m development - below the golf club and on the opposite side of the road to the Methodist church and Brickyard Cottages - will feature 58 new homes built by Westleigh Partnerships, 24 of which will be sold as shared ownership (part rent, part purchase) to assist local people in gaining access to the home ownership market. Twenty-six homes will be available to local people at affordable rents and a further eight properties will be retained by Westleigh Partnerships for open market sale.
All the affordable rented homes will be allocated via Derbyshire Dales District Council’s Home-Options choice-based lettings scheme.
Anthony Riley, Waterloo Housing Group’s Director of Development and Operations said:
“We are absolutely delighted to be working in partnership with Derbyshire Dales District Council and Westleigh Partnerships to deliver these much needed new homes in the Derbyshire Dales.”
Councillor Rose said:
“We are delighted to be working again with Waterloo Housing Group and Westleigh Partnerships to providing much needed affordable housing for local people to be able to continue to live in the place they call home. This remains a top priority for the District Council.
"We are fighting hard to attract additional funding to make these essential developments happen across the Derbyshire Dales, with 63 affordable units planned for 2017/18 and a strong programme from 2019 onwards.”
Gary Turner, Head of Partnerships and Investment at Westleigh, said:
“This is an exciting project which will help to tackle the priority needs for affordable housing in the Matlock area, and we are proud to be working with Waterloo Housing Group and the local authority to bring these plans to fruition.
“House price affordability is a real problem in Matlock. This scheme provides an opportunity for couples, young families and older people to secure an affordable home in the town rather than having to move elsewhere. Affordable housing developments play a vital role in strengthening local communities and we are sure this development will prove to be a real asset for Matlock.”