Hull gets £22m property funding boost

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Published: Monday 23rd March 2015 by The News Editor

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Hull has won over £22 million of Government money to fund affordable homes and improve communities.

The fund, announced on Monday, will help finance the building of 414 council properties on Orchard Park and Preston Road.

The funding will also help generate fresh, affordable properties for the non-council market and address 200 derelict and empty homes. In addition, the kitty will bring frontage upgrades among renewal areas in the private sector.

The £22.3 million funding follows successful bidding from the Homes and Communities Agency’s Affordable Homes Programme (AHP) as well as the Local Growth Fund via the Local Enterprise Partnership.

It can be broken down into three separate pots.

The Homes and Communities Agency (HCA) has awarded £10.65 million for the 414 council properties, as well as a couple of sheltered remodelling projects over three years to 2018.

The Local Growth Fund via the Local Enterprise Partnership has earmarked £10 million.

The HCA’s AHP has allocated £1.7 million to target an additional 118 unused homes between now and 2018.

John Black, a councillor with special responsibilities for Hull City Council’s housing, said he is “delighted” with the community-improving announcement.

Copyright Press Association 2015

Published: Monday 23rd March 2015 by The News Editor

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