Manchester Council Has unveiled plans for more than 200 new homes as it looks like it has to go it alone and build its own house for the first time since the 1980s.
The ‘City’ was founded by leaders last June to provide at least 500 new homes a year for low-income people.
The construction of more affordable housing remains a major goal of the city, with the number expected to exceed 7,500 by 2024, although critics still believe the authority needs to do more.
Manchester Council is already building community housing in North Manchester. Their b4bn joint venture with the Far East consortium as part of Victoria North, formerly known as the North Gateway.
The proposed market rent and ‘affordable rent’ housing in the first phase of the city will be the first time the council has played the role of house builder in decades.
Accessible rent is a type of term that will be created and controlled by Manchester Council where homes are paid at or below the level of the local housing allowance.
The homes will be affordable for those earning Manchester’s average annual salary of 27 27,500, and will be subsidized by market property profits.
Two schemes offering both types of housing are currently in the early stages of development, according to a report presented to the council’s executive on Wednesday.
The first project will look at 122 apartments and townhouses built in an undisclosed location in the Enkots and Besok wards, with an average of over 600 bids available for each of the three-bedroom properties.
At least 37 houses will be rented accessible. The full application for the plan will be submitted in June 2022.
The second site in Piccadilly is in the ‘less developed phase’, the council is ready to hold a competition for the appointment of an architect to design the scheme.
Up to 82 homes – 17 of which are accessible for rent – have been earmarked for the site, which has not even been identified.
These city development pipelines, which sell houses at discounted and market rates, could be prominent in the future.
Manchester Council executives will be asked to add 34 7,347,000 to the city’s 1.5 1.5 million budget to meet design team fees by the end of this year.
The report states: “The city is initially going to build houses on council-owned land that has been vacant for many years, providing pure new supply housing in areas where demand is high and nearby Appreciate other regenerative initiatives in the surrounding area.
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“The idea is that the majority of the schemes provided through this city will have an element of family housing.
“It will diversify the housing market and create a mixed community in different areas of the housing market.
“A significant proportion of the houses provided by this city will be marketed for rent.
“The city aims to offer the best in class lettering, maintenance and management function that will serve as an example to others and be attractive to prospective residents.”
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