Housing Development Plan Awarded Growing Places Fund Finance
27th August, 2013
The Cheshire and Warrington Local Enterprise Partnership (LEP) has awarded £235,000 to Square One Homes, an affordable housing company, as the first investment from its £13m Growing Places Fund.
Kingfisher Square, Warrington, is to have 12 housing units built by Square One Homes, in a project totalling £722,000. The project will provide affordable housing for first time buyers and key workers in the area.
Christine Gaskell, Chair of the Cheshire and Warrington LEP said, “The Growing Places Fund provides essential enabling infrastructure and we are pleased to announce the allocation of funds to bring forward residential development opportunities and unlock stalled developments.”
Louise Morrissey, Chair of the Growing Places Fund, said, “This type of project is what the Growing Places Fund is for, making it quicker for projects to get off the ground but also securing a return on that investment for the local area.”
Mick Dowse, Director of Square One Homes, said, “This development offers a new exciting and uniquely innovative development of 12 purposely-designed homes to meet the needs of both first time buyers and key workers in Warrington.”
The objectives of the Fund are to generate economic activity in the short term by addressing immediate infrastructure and site constraints and promote the delivery of jobs and housing. It will allow LEPs to prioritise the infrastructure they need thereby empowering them to deliver their economic strategies and establish sustainable revolving funds so that funding can be reinvested to unlock further development and leverage private sector funding.
For more information please contact the marketing department on 01244 405555 or email [email protected]
You might also be interested in...
16th November, 2018
It is reported that a quarter of all complaints dealt with by the Legal Ombudsman revolve around costs. Therefore to avoid complaints and confusion, it is important to be clear from the outset. The new Transparency Rules (which the SRA have now confirmed will come into effect on 6 December 2018) require that accurate and relevant information is... Read More »
5th November, 2018
Aaron & Partners LLP has once again seen improved rankings in The Legal 500 – a comprehensive guide... Read More »
10th October, 2018
In the lead up to World Mental Health Day on 10 October 2018, we have been posting a series of short articles discussing mental health and stress in the workplace. In this final article, we will be providing tips, to employers and employees, for managing stress and dealing with mental ill health in the workplace. Click here to... Read More »