It is no secret that the economic conditions have been tough for many industries, including the housing sector. Despite this, by working in partnership with local communities we have continued to progress our affordable rural housing development programme, providing much-needed homes for those in need.
We are proud to announce that our current ‘under construction’ programme is delivering 48 affordable homes (both rented and shared ownership) on site in the following locations: Seal, Kent (6 homes), Challock, Kent (2 homes), Sandhurst, Kent (6 homes), Hambledon, Surrey (7 homes), Clavering, Essex (8 homes), Shepherdswell, Kent (10 homes), Stebbing, Essex (7 homes) and Peene, Kent (2 homes).
In addition to homes currently under construction we have a pipeline of further projects that making good progress. This includes a scheme in Avening, Gloucestershire, which is due to start on site next month and will provide 14 more affordable homes. Additionally, we have submitted planning applications for 49 more homes in six villages across our operational area. We are also working-up applications to submit for another 24 homes in four villages.
Despite challenging economic conditions facing the housing sector and society in general, we remain resolute in our commitment to working with rural communities to provide affordable homes for local households in need. Our continued progress is a testament to our business resilience, positivity, and optimism. We believe that everyone deserves a safe and secure place to call home, and we are determined to play our role in making that a reality in the countryside.
Our work also has additional benefits for villages that we partner with. Research commissioned in 2020 showed that building just a handful of affordable homes helped to boost local amenities like schools, shops, and pubs; providing customers and somewhere local employees can live. It also has a positive societal impact, maintaining diverse and inclusive communities. The investment that we make in building and maintaining homes also significantly boosts the local economy, as a rule we employ local contractors making sure the money we spend has maximum benefit on the local economy.
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