Colne Housing to finalise affordable housing plans

Thursday August 4th, 2011

According to media reports plans for 500 new homes to be built under the affordable housing scheme in and around Colchester are to be finalised by Colne Housing.

The new homes are to be built over the next five years after the Colne successfully bid for Homes and Communities Agency backing. The HCA approved the bid and will provide £6.5m for the project to deliver the affordable housing stock in and around the Essex town.

The new developments will add to the number of affordable housing already available in Essex with shared ownership schemes giving first-time buyers and key workers the chance to get onto the property ladder.

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