AN affordable homes programme was agreed yesterday which could see the council investing a further £2.52m to help develop another 210 properties.
East Lindsey District Council’s Executive Board has recommended the council invests the money into its Housing Capital Programme to develop more affordable homes in the district in partnership with Waterloo Housing Group.
Currently 7,676 households are on the housing waiting list in East Lindsey and the board in making its recommendation to council made clear that it is keen to help create more opportunities for people to have their own home and also give the construction industry a boost at a difficult economic time.
The board’s recommendation will be considered at a meeting of the council on February 29.
The 210 homes would comprise of 40 units for rent in rural communities and 170 in towns, 150 of which would be for rent and 20 for shared ownership.
This programme will run until April 2015 in line with the Homes and Communities Agency’s funding regime.