Local MP Stephen McPartland welcomed progress on a development of more than 200 affordable homes at Forster Oaks off Wedgwood Way, Stevenage as he visited the site as part of a 'topping out' ceremony.
Stephen McPartland MP said, “It is great to see work progressing on schedule and to a high standard at Forster Oaks. The development will provide hundreds of new affordable homes for Stevenage, which is excellent news for local people.”
The new homes are made possible to deliver as affordable through funding of approximately £6 million provided by Homes England, a government agency. The 268-home development will include 40 properties for affordable rent and 208 for shared ownership – a part-buy, part-rent scheme designed to help buyers on low to moderate incomes get on the property ladder. Housing association, Metropolitan Thames Valley is delivering the new homes along with developer Chase New Homes.
Geeta Nanda, Chief Executive of Metropolitan Thames Valley, said, “We are proud to be delivering hundreds of quality new affordable homes here in Stevenage, helping local families get on the property ladder.”
Tony Carey, Chief Executive of Chase New Homes, said, “It is a pleasure to welcome Stephen McPartland to the site and showcase the quality of the Forster Oaks development.”