The number of affordable homes available for families and young people to rent in South Norfolk is the highest since the 1980's.
Figures show that 629 Affordable Homes for rent and to buy have been completed in South Norfolk during the 2017/18 financial year. This is the highest since records began and up more than 50% on the previous year.
This provision of affordable housing, through a combination of controlled growth and forward planning, in partnership with the government’s Help to Buy Scheme, has meant that homes are being bought or rented by people who would otherwise have struggled to get themselves onto the property ladder.
The total of 629 this financial year, is made up of 298 by Housing Associations and 331 from help to buy sales. 270 homes for rent and shared ownership were delivered through S106 negotiations with developers (the highest ever total through that source).
Yvonne Bendle, Cabinet member for Housing, Well-being Leisure and Early Intervention said.
“Our record on delivering affordable homes and preventing homelessness is second to none and something in which we take great pride. Every affordable home we’ve built is an opportunity for someone to have their own home and a chance for independence. We are keeping families close to each other, supporting our communities and providing local people with houses that they can afford. “There has been criticism about the effects of right to buy on the affordable housing supply but we have shown that with the right approach we can provide housing options and help prevent homelessness. South Norfolk now has more affordable housing than ever before.”