Newspaper article Manchester Evening News

Council Vows to Build 2,000 Affordable Homes a Year

Newspaper article Manchester Evening News

Council Vows to Build 2,000 Affordable Homes a Year

Article excerpt

MANCHESTER town hall has vowed to build up to 2,000 new genuinely affordable homes a year amid growing public and political concern about housing costs in the city.

Fury had been growing for among backbenchers for some time over the boom in upmarket city centre apartments, none of which have included any cheaper homes as developers have repeatedly argued they cannot make them pay.

Now - for the first time - bosses have drawn up an affordable housing plan that would see between 1,000 and 2,000 new homes in Manchester built every year, half to rent and half to buy, each costing no more than 30pc of average income.

After council house sell-offs and demolitions are taken into account, the city has seen a net increase of just 184 affordable homes a year since 2011 - all funded largely by the government. And the town hall admits that at least three quarters of new housing currently in the pipeline is moderately expensive or at the top end of the market. …

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