£1.5 million new housing development starts in Cam
Published: Friday, 18 November, 2016
Stroud District Council and building contractor Speller Metcalfe have marked the start of a £1.5 million housing scheme in Cam.
Speller Metcalfe were chosen to build 14 new houses for both rental and shared ownership in Chapel Street in Cam, as part of the council’s new homes programme to deliver over 200 new affordable homes across the district by March 2018.
Staff and councillors from Stroud District Council and building contractor Speller Metcalfe gathered at the site to mark the start of the project.
Cllr Mattie Ross, Chair of the Stroud District Council’s housing committee said:
“The development, which is due to be completed in summer next year, has been carefully designed with flats and houses to encourage a vibrant and diverse community. Nine of the new homes will be offered for rental whilst five will be available on a shared ownership basis - a way of part-owning a property and getting on the housing ladder.”
Commenting on the benefits of the new housing development to the local community, Steve Speller, joint owner of Speller Metcalfe, said:
“Not only will this new scheme provide additional housing for the area, the development itself will bring other employment for local sub-contractors and suppliers from across the county.”
Stroud District Council is the only local authority in Gloucestershire which still owns and manages council houses, with the others having transferred them into other social housing organisations. The council is investing £19.5 million in a five-year programme to deliver over 200 new homes by March 2018. The keys to the first council homes to be built in over 30 years in the district as part of the programme were handed over to residents in Minchinhampton just before Christmas 2014 and schemes have now been completed in Leonard Stanley, Littlecombe, Stroud, Cam and Berkeley.
Anyone interested in shared ownership can register now on the Help To Buy website: helptobuy.co.uk