Platform Housing Group will start work on a social housing development in the Loughborough area later this month.
The Midlands-based housing association will begin the construction of 195 new homes on Lantern Lane, East Leake, in April, the first time Platform has built in the village.
The development will offer a mixture of affordable homes for shared ownership and rented units.
The homes – which are due for phased completion from the end of this year through to 2025 – will be made up of one-, two-, three-, and four-bedroom houses and bungalows; 103 to be let at affordable rents; and 92 for shared ownership.
The £42m scheme has been made funded by Homes England, Recycled Capital Grants Fund, and Platform Housing Group itself.
Those involved in the new development include homebuilder Miller Homes, solicitors Gately PLC and Browne Jacobson, and employers’ agent Richard Morris Associates.
The greefield site was granted planning permission earlier this month by Rushcliffe Borough Council.
Ian Clyde, Area Development manager at Platform Housing Group, said: “These new homes will form a high quality and sustainable affordable housing development that meets the needs of local people, particularly people who cannot afford to buy properties on the open market.
“We will work closely with the local council to ensure local people have access to these homes. We look forward to completion of the project and welcoming residents into their new homes.”
Tom Roberts, Land director at Miller Homes, said: “We are pleased to be working with Platform Housing Group to bring much needed new homes to East Leake.
“As part of the plans for the development, we will be making a contribution towards local transport, footpaths, healthcare, offsite outdoor sports and local schools.
“We are looking forward to starting work on site next month on the new homes, which will feature a mix of one-to-four bedroom properties including bungalows.”
East Leake – whose population is around 7,000 – is a large village and civil parish in the Rushcliffe district of Nottinghamshire.
Platform Housing Group owns 46,000 homes in total.
Image: East Leake development site
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