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£1million Cash Boost Will Build 30 New Apartments

A social landlord has received an award of £1million, enabling 30 new apartments to be built as part of an assisted accommodation building.

South Tyneside Housing Ventures Trust (STHVT) has been granted the money as part of the government’s campaign to build more affordable homes. Communities Secretary Sajid Javid has made a total of £7billion available for affordable home projects.

STHVT will use the £1,050,000 award to build 30 apartments in Whitburn, on the location of Croftside House.

The current supported accommodation on site is no longer fit for its intended purpose and redevelopment would be cost prohibitive.

South Tyneside Housing Ventures Trust is a private and independent not-for-profit organization that was launched in 2013 by South Tyneside Homes and South Tyneside Council to provide social housing.

Company secretary Brian Scott said that STHVT was pleased to receive the funding, which will enable it to deliver the affordable housing that local need demands.

He confirmed that the money will be used to deliver affordable homes on the site of the soon to be demolished Croftside Housing Plus scheme in Whitburn.

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The new complex will consist of 30 apartments in a supported environment. The trust now intends to apply the finishing touches on the scheme design before submitting a planning application.

On the national level, the programme will deliver over 200,000 homes.

Communities Secretary Sajid Javid said that the government is committed to increasing the apply of available housing and halting the current affordability downslide.

The government’s recently-expanded affordable housing scheme, which has been strengthened by an investment worth billions of pounds, will enable housing associations to build more homes in areas where they are needed the most, mainly by people who are struggling to make ends meet.

Mr Javid said that using a variety of plans to encourage the delivery of more homes will enable the government to create a housing market that meets the growing and diverse housing needs of the country.

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