Newspaper article Manchester Evening News

2,500 New Homes Plan

Newspaper article Manchester Evening News

2,500 New Homes Plan

Article excerpt

AROUND 2,500 cheap homes are going to be built in Wythenshawe, Clayton, Beswick and north Manchester - on top of the thousands already planned across Manchester.

The houses will be built in the four areas in the next five years - with £2m set aside to get the ball rolling.

That will be on top of the 1,000 to 2,000 affordable homes the council has promised to build every YEAR to meet housing demand in the city.

The extra homes will be subsidised using cash put in by developers for cheap homes as part of other housing projects and various grants.

They will be for people on or below the city's average household income. Rent or mortgage payments will be no more than a third of monthly income.

Homes will be available on social and affordable rent - and on shared ownership, shared equity and rent to purchase plans. …

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