A development to provide new and affordable homes in Buckinghamshire is back on track after a £4.945 million grant from the Homes and Communities Agency (HCA).
The first phase of the Berryfields development in Aylesbury is forecast to contain 384 new homes of which 30 per cent will be affordable. The new homes will be built by Taylor Wimpey, and the affordable properties will be managed Paradigm.
The national housing and regeneration agency has worked closely with Taylor Wimpey, Paradigm and Aylesbury Vale Council to unlock this important site in the area after the economic downtown put plans on hold.
Investment and Regeneration Manager Marc Thompson at the HCA said: "This announcement demonstrates the HCA's commitment to providing new and affordable homes for communities across the south east.
"This is an important development for Aylesbury Vale, and I’m proud that we can support our partners to provide affordable and quality housing for the community."
The HCA funding is forecast to provide 73 social rent and eighth New Build HomeBuy properties which will be built to Code for Sustainable Homes Level 3.
Construction will begin in March 2010 with the first units expected to be complete in March 2011.
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