East Lindsey District Council has announced a further £1.5 million to help build “at least 120” new affordable homes in the district by 2018.
The money is part of the Housing Capital Programme, which the council says has already seen it invest £7.6 million since 2004, creating 728 homes.
The council’s Portfolio Holder for the Built Environment with responsibility for Affordable Housing, Cllr William Gray, said: “There is a real need for more affordable housing across the district and this project will ensure that we can maximise the delivery of this at the best possible value to help address the demand on the housing register.
“We need decent, affordable and appropriately adapted housing to meet growing needs – including additional one bed properties, and this investment will go some way towards delivering that.”
The council says it will work with Registered Provider partners to deliver this programme and schemes will be assessed on an individual basis to ensure the most appropriate housing at the best value to the council is provided across the District.
The authority added that the funding will also address current issues arising in the district following the Welfare Reform around the lack of one bedroom properties – with 2,616 applicants (57 per cent) requiring one bed accommodation, by providing an increased grant rate to some developers who build such properties.