In the face of ever-decreasing funding from central government, Mendip District Council has taken the groundbreaking decision to set up its own housing company to generate additional income. With the annual financial settlement from central government expected to be completely removed by 2020, councils around the country are having to come up with new and innovative solutions to generate funding. Full story: Read more
New Year brings new affordable housing strategy release
South Somerset District Council has released its affordable housing strategy which will see 540 additional affordable houses built in the next three years. The published new strategy includes plans for 270 additional homes by April 2015 and a further 270 homes over the next three years. The strategy also contains measures to protect the district’s most vulnerable residents and a new policy to safeguard rural social housing vacancies for local applicants. Full story: Read more
South Somerset District Council welcomes popular local affordable housing scheme
A newly built affordable housing scheme for local people at Minchingtons Close in Norton-sub-Hamdon has been welcomed by South Somerset District Council. Over a number of years, South Somerset District Council, Yarlington Housing Group and the Parish Council have worked to help ensure that the village is not a place where only the minority can afford to live and bring up their families. This also led to the establishment of a Community Land Trust (CLT) made up of local residents, which became the driving force behind the schemes success. Full story: Read more