Pounds 82m Aids House Crisis

The Journal (Newcastle, England), April 8, 2006 | Go to article overview

Pounds 82m Aids House Crisis


Byline: By Hayley Beattie

The North-East has been given almost pounds 82m to help build more than 1,500 affordable homes.

Tyne and Wear received the largest share of the Government's pot with pounds 24.3m to fund 490 new homes across the area.

Tees Valley gets pounds 18m for 360 new homes, Northumberland pounds 10.7m for 170 and County Durham pounds 7.1m for 133.

Government agency the Housing Corporation paid it from its National Affordable Housing Programme.

Tynedale Council received the highest allocation in Northumberland with pounds 3.3m to build 57 new homes in Slaley, Ovingham, Haltwhistle and Hexham.

Council leader Coun John Herron said: "This is good news for people in Tynedale who can't afford to rent or buy on the open housing market. Meeting the needs of the high number of people on the waiting list for affordable housing is our number one priority.

The average house price in Tynedale is pounds 205,856 according to the Land Registry, and there are 1,600 people on the waiting list for housing in Tynedale. …

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