Building and acquiring new homes
We build and buy the right new homes in the right locations in our local area to ensure we provide a mix of much needed homes designed for a range of households. During the year, we invested over £22 million on the provision of new homes and acquired 79 new affordable rental homes for families in housing need.
While our building sites were closed for part of the year, since re-opening we have delivered the first phase of our largest development of new homes at Salters Lane, Sedgefield and the first three phases at Travellers Green, Newton Aycliffe.
We are excited to learn from our two eco homes located at Travellers Green. They offer an air source heat pump to provide heating and hot water via a hot water tank, mechanical ventilation with heat recovery, solar PV and increased thermal insulation/fabric efficiencies, helping us on our decarbonisation journey.
We listened
You said we needed to be clear about how we decide on the type and size of the properties we will build or buy and how we will ensure these investments provide value for money.
We acted
With your help we produced and published a new Development Policy which provides the clarity you asked for.
