Stoke-On-Trent Major Multi-million Pound Plans Unveiled

Major Multi-million Pound Plans Unveiled to Meet Housing Needs in Stoke-on-Trent Plans for the biggest house building programme in a generation have been unveiled to help the city council meet the growing needs of residents and the city. Stoke-on-Trent City Council’s cabinet has announced a suite of proposals to: • Commit £30m from its capital programme for its housing company Fortior Homes to build 450 new homes over three years from 2021. The homes will be split equally between 225 private rented houses and 225 open sale homes. • Invest £125m in building 1,000 new council homes over the next five years, on top of 370 already in the pipeline. The new homes include plans for 600 more properties for older people. • Invest an extra £30m over six years on existing council housing, ensuring they are of the highest quality – including accelerating a programme of fire safety and energy efficiency measures. • Launch a pioneering £1m ‘home buyers scheme’ to tackle the city’s 3,500 mainly privately owned long-term empty homes by providing low interest loans to help people buy them. Read the full article: https://lnkd.in/dvVxXsK