Coastline Housing has received funding of £1.7million from Homes England to develop 21 new homes at North Country, Redruth.
Work began on the development last month and is due to be completed in spring next year. The homes are a mixture of one, two and three bedroom properties and include two bungalows.
The development will see 13 of the homes being offered for social rent and the remaining eight as shared ownership properties.
Chris Weston, Director of Development and Commercial Services at Coastline, said: “We are really pleased to be bringing these extra homes to Redruth, creating more affordable homes for local individuals and families. Thirteen of the homes are designated for social rent. This is low cost rent that is set by a government formula and is significantly lower than the rate someone would pay in the private market – typically 50-60% of the rents on offer privately in the local market.”
There will also be an area of shared open space on the site with each property, apart from the one-bedroom bungalows, having two parking spaces.
From an environmental point of view, the development will offer 10% biodiversity net gains off site – meaning in practice that fruit trees will be planted in other Coastline neighbourhoods locally.
The homes are being built by South West based Classic Builders. Anyone wishing to register their interest for the rented properties should make sure they are registered on Cornwall HomeChoice ahead of completion.