South Holland District Council is set to go ahead with a £4.1 million scheme to build 34 homes in Weston near Spalding.
The authority’s cabinet on Tuesday will be asked to approve the regeneration of the Small Drove site, including the replacement of 10 bungalows.
The project has received a £1.1 million grant from Homes England and will include 20 affordable houses and 14 “shared ownership” (part buy, part rent) homes.
Councillors will be told that the benefits of the development will include a “competitive return” on the investment, however, the actual amount officers are predicting has been exempt from the public domain.
A report says: “The homes proposed will meet housing need in a location where there is evidence of a need for additional affordable homes, both in terms of homes for rent and homes for first time buyers who require support to access the housing market.
“This includes a small provision of bungalow accommodation for shared ownership, which will be aimed at supporting households who wish to access age appropriate accommodation but who lack the means to purchase a new build bungalow on the open market.”
They add: “The development… supports a number of the council’s corporate priorities, especially in relation to ‘encouraging the local economy to be vibrant with continued growth’, alongside ‘to develop safer, stronger, healthier and more independent communities while protecting the most vulnerable’.”
The plans have already been approved by the authority’s planning department, and officers have found a contractor to carry out the works.
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