Affordable housing deal signed as part of £1bn regeneration

Swansea Council has signed an agreement with registered social landlord Pobl Group to manage 33 affordable apartments as part of phase one of the Copr Bay regeneration project.The £135m mixed-use scheme is one of several developments within a £1bn city-wide programme.Pobl is a not-for-profit organisation that has more than 15,000 homes under its management across Wales.In Swansea, Pobl’s development of 52 apartments in Orchard House is scheduled for completion in March, while it is anticipated that the Biophilic Living scheme, which will see 50 apartments built on the site of the old Woolworth store, will get underway in the spring.Work is about to commence on a collaborative project with Coastal Housing to develop a new community of 144 zero carbon homes to the west of the city.?All the apartments in Copr Bay Phase One will be affordable homes, targeted at those working in Swansea city centre, particularly key workers.Funded by Pobl Group and the Welsh Government, the homes will consist of 13 one-bed apartments for up to two people, and 20 two-bedroom apartments for up to three people.Copr Bay Phase One is being funded by Swansea Council, and is centred around a 3,500-capacity live performance arena and conference centre which is part-funded by the Swansea Bay City Deal, a £1.3bn investment fund set-up for major transformation projects in this region of South Wales.