In Warrington, the council has identified three new potential sites for the construction of 140 new homes, as revealed in a recent report presented during the Town Hall meeting. The report focused on the progress of the council’s housing companies, Incrementum Housing Development Company and Incrementum Housing Management Company, established in 2019.
These companies are aimed at generating a long-term income for the council by constructing and renting out new homes in the borough. The business plan is centered around a long-term rental income model, with a focus on providing high-quality housing, reducing carbon emissions through green technology, and addressing fuel poverty. Additionally, 30 percent of the units are offered at discounted rent for individuals receiving universal credit or housing benefit.
So far, the housing companies have successfully completed two housing schemes at Sycamore Lane in Great Sankey and Chatfield Drive in Birchwood. These developments have collectively added 161 new homes, including one and two-bedroom apartments and two and three-bedroom townhouses, with 48 units designated as affordable housing. The occupancy rate for these homes has been high, with significant interest and a growing waiting list at both locations.
The management of these schemes is overseen by Lifetime Homes (Warrington), a subsidiary of Warrington Housing Association. Moving forward, three additional sites within the borough are currently being considered by the housing companies, with a potential capacity for 140 more new homes. These sites are being evaluated in collaboration with the families and wellbeing directorate to potentially incorporate specialized accommodation, such as ‘care clusters’ for adults with learning difficulties.
Despite the progress made, the council faces challenges in securing funding for further development due to the unpredictable commercial market and rising borrowing costs. Efforts are underway to explore viable funding options to support future projects, with ongoing work to assess potential solutions. The council remains committed to the housing company as a means of providing affordable housing within the borough, with no current plans to discontinue its involvement.
Challenges and Future Prospects
As the council navigates the complexities of the housing market and funding landscape, the need for affordable housing remains a pressing issue in Warrington. The ongoing commitment to providing homes for residents, including those in need of specialized accommodation, underscores the council’s dedication to addressing housing challenges within the community.
Community Impact and Engagement
The popularity of the completed housing schemes and the growing demand for affordable housing highlight the positive impact of the council’s initiatives on the local community. By working closely with residents and stakeholders, the council can ensure that future developments meet the diverse housing needs of Warrington residents, fostering a sense of community and inclusivity.
In conclusion, the council’s efforts to identify new sites for housing development demonstrate a proactive approach to addressing housing challenges in Warrington. By focusing on affordability, quality, and inclusivity, the council is playing a crucial role in providing much-needed housing options for residents, while also contributing to the overall well-being and sustainability of the community.