Councillors approve £14m funding and land transfer for new homes

Shropshire Councillors have today agreed £14 million funding and the transfer of land to enable its new wholly-owned local housing company to start building homes.

Today’s decision will mean that the council will loan the company £14 million and transfer the brownfield land it owns at Monkmoor in Shrewsbury and Ifton Heath to the company for development.

Both sites were identified in the Company Business Plan for 2019–2020 which was approved at the cross-party councillors ‘Housing Supervisory Board’, set up to provide the ongoing operational oversight, strategic visioning and performance management of the company, at its inaugural meeting last week.

The housing company, named Cornovii Developments Limited, was officially formed on 6 July to address unmet housing need and generate income for the council.

Robert Macey, Shropshire Council’s Cabinet member for housing and strategic planning, said:

“It’s an extremely exciting time for the company and we now look forward to taking these two sites forward.

“Shropshire currently has a housing waiting list of over 5,000 individuals and families. This, coupled with an ageing population who want to live independently for longer, and people wanting to live closer to where they work, point towards just some of the needs we are trying to meet.

“It is important that we bring forward more affordable houses to sustain our local towns and villages. We have land, and it makes sense that we use this initially to build high-quality and spacious homes that people want, need and can afford.

“It will also help us to shape places and use any income to build even more homes and deliver essential services. We intend to work closely with town councils, parish councils, Shropshire-based businesses and partners to ensure that we build the types of homes that are needed and help boost the local economy.”

Subject to planning approval, work could begin to build up to 100 two, three, and four bedroom family homes as early as Spring 2020.

Robert added: “These two sites are only the beginning: the board will be considering a proposal to start feasibility studies to develop another site at their next meeting, and 48 more have also already been identified. It’s important that we keep the process moving.

“Some of the profit that the company makes will be used to buy land in future so that it can build homes in areas of our county that are unviable for private housebuilders.”

Supporting Shropshire Live...
Shropshire Live
Shropshire Live has been providing Shropshire with independent news and entertainment since 2009. Send us your news to interact@shropshirelive.com or call 01743 818 095. For advertising information call Fiona on 01743 816 817.
- Advertising -

Man charged following rape of 13-year-old in Shrewsbury

A man has been charged after a 13-year-old was raped in Shrewsbury in April.

Man forced to drive stranger from Shrewsbury to ferry port

A police investigation is underway after a man was forced to drive a stranger from Shrewsbury towards a ferry port in the early hours of this morning.

Some planned surgery set to resume at RJAH

Some planned surgery is set to resume at The Robert Jones and Agnes Hunt Orthopaedic Hospital from Tuesday next week.
Coaching is being given on a 1:1 basis in line with both government and ECB guidelines. Photo: Jo Edwards Photography

Cricket Academy Coach leads the way with training

An academy head coach has come up with “leading edge” plans to get youngsters at his club playing cricket again after the sport was halted due to COVID-19.

Former Shrewsbury Town midfielder will refuse to play

Former Shrewsbury Town midfielder David Davis will refuse to play for Charlton Athletic once the season resumes.
Scott McKenzie. Photo: Steve Brodie, © Telford Tigers 2019

McKenzie returns to Telford Tigers with dual role

Telford Tigers have announced the return of Scott McKenzie for the 2020/21 season. Scott McKenzie. Photo: Steve Brodie, © Telford Tigers 2019 McKenzie will return for his ninth year...
- Advertising -

Telford & Wrekin Council launches second phase of small business support scheme

Telford & Wrekin Council has today launched the second phase of its Discretionary Business Grants Fund to continue to support businesses hit by the coronavirus pandemic.
Richard Lloyd, Senior Partner, GHP Legal

COVID-19 lockdown easing brings surprise surge in work for Shropshire property lawyers

GHP Legal has reported a week full of surprises in the local property market, as COVID-19 lockdown measures eased and estate agents re-opened their doors.
Russell Griffin, Co-Director of Shropshire sales and lettings firm Samuel Wood in front of the camera

Shropshire estate agent asked to comment on the sector on national TV

The housing market has been moving for three weeks following the Government’s lifting of restrictions and a Shropshire estate agency expert has appeared on national breakfast TV to comment.
Midlands Air Ambulance Charity volunteers

Midlands Air Ambulance Charity Appeals For ‘Virtual’ Supporters

Midlands Air Ambulance Charity is recruiting people in Shropshire to become ‘virtual’ supporters to help support its lifesaving cause.
Eglantyne Jebb

Ellesmere College launches new scholarship in memory of Save the Children founder

A unique educational opportunity is being offered by Ellesmere College to commemorate the centenary of the Save the Children charity and its locally-born founder, Eglantyne Jebb.
Bevan is available alongside the rest of the Blue Ribbon Collection

Bevan and companions aim to raise £10,000 to Help NHS Heroes

Britain’s oldest remaining teddy bear manufacturer is aiming to raise over £10,000 to support the NHS, as management announced today they were already more than half way to their target.
- Advertising -
Shrewsbury Folk Festival is launching a virtual festival for its followers on August 29th and 30th

Virtual festival to fill the void for folk fans

Shrewsbury Folk Festival has revealed plans to host a two-day online event for its fans after being forced to postpone this year due to coronavirus.
Every Thursday evening the theatre’s blue illuminations shine out as part of the nation’s 8 o’clock salute to the NHS

Virtual Curtain Up at The Holroyd Community Theatre

Plans continue to be made to ensure The Holroyd Community Theatre near Oswestry remains at the heart of its North Shropshire and Welsh Borders community.

Arts Alive launches programme of online shows

Arts Alive has curated a programme of online performances for communities across Shropshire.
Hannah Edwards

Shropshire farmer’s wife shows how to not make a fudge of it!

Just nine months ago a Shropshire mum and farmer’s wife left her job to work full-time on her career as an artisan fudge maker – and even lock-down can’t keep her from churning out the fudge!
Lajina Leal

Shropshire Spicing Guru launches Curry Club

A Shropshire Spicing Guru wants to help families caught in the lockdown to make simple dishes together in a fun, sociable way so they can cook and then eat together enjoying tasty, authentic home style Indian food.

Wood’s Crown the Pub Snack Champion

Shropshire brewery, Wood’s, has used lockdown time to settle a highly controversial debate and find out what the ultimate pub snack is.
- Advertisment -

Weather

Shropshire
light rain
8 ° C
8.3 °
7.8 °
75 %
5.7kmh
11 %
Sat
15 °
Sun
15 °
Mon
15 °
Tue
15 °
Wed
10 °
- Advertisment -
- Advertisment -

Latest Articles

- Advertisment -