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Bournemouth council reveals sites for affordable housing developments
BOURNEMOUTH council has revealed several sites where it is looking to build new housing developments of affordable homes.
A maximum of 132 flats and houses could be built on Palmerston Road car park and land at Cambridge Road, Surrey Road and Crescent Road in the Westbourne area.
The council has around £24million to invest after joining forces with Legal and General Property, who are planning to invest up to £300m in the town over the next 10 to 15 years.
The plans for the first phase of investment include building new aff-ordable housing, building a new two-storey cafe or rest-aurant at Durley Chine and building a 60-bed mixed Dementia Care scheme.
The council will also look to buy up to 64 of the flats currently being built at Leyton Mount, if they can get them at the right price.
Potential purchasers could then be offered first-time buyer mortgages through the Bank of Bournemouth, currently being set up by the council.
A report that will go before cabinet mem-bers next Wed-nesday states: “The proposed sites were shortlisted for consideration because they are within the freehold ownership of the council and their development will have a minimal revenue impact.
“Whilst these proposed sites may have specific development issues to overcome it is considered these were not insurmountable and that they can be developed within the project timeframe.”
Bournemouth council leader John Beesley said: “This is an innovative, collaborative approach to accelerate Bournemouth Borough Council’s investment in the community.
“Housing is a priority for us, and that is why we are recommending to cabinet that a significant proportion of the initial programme of investment from Legal and General Property Ltd is spent on increasing desperately needed affordable housing stock in the borough.”
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