The City of Wolverhampton Council has unveiled a £98 million investment plan over the next five years to develop around 500 new homes across the city.

The proposal, part of the Housing Revenue Account (HRA) Business Plan, received Cabinet approval this week and now moves to Full Council for final consideration.

The council's Capital Programme for 2025/26 to 2029/30 allocates significant investments to improve existing housing stock, including £67 million for estate remodelling projects such as the regeneration of New Park Village, £82 million for upgrading high-rise estates with building safety enhancements, infrastructure replacements, and energy efficiency measures, and £110 million to raise internal housing standards, including the refurbishment of vacant properties.

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The new build programme includes £26.5 million funding earmarked for the next phase of the new homes at Heath Town which will see 160 homes built in addition to the 40 homes that have already been completed.

The refurbishment programme at Heath Town estate - managed by Wolverhampton Homes – is set to see work to improve 8 tower blocks completed in 2027, with a budget of £30 million.

This work includes window replacement and external wall insulation works, structural repairs and safety enhancements. Work to deliver a new low carbon energy centre is also underway, supporting the council’s decarbonisation commitments.

Demolition works have started at New Park Village, where 205 out dated properties will be replaced by 188 new 2, 3 and 4 bedroom highly energy efficient homes for rent.

Planning has also been approved to build 99 new energy efficient council bungalows to replace 93 post war prefabs on the Lincoln Green Estate in Bushbury – the first phase of the council’s citywide strategy to identify solutions for 4,100 out dated homes built by old, non traditional construction methods. This work is being done in consultation with local communities.

Keon Homes has, through the council’s housing framework, been appointed as the construction partner for the new homes on the Lincoln Green Estate and are expected to start on site in late Spring.