Market Leads & Opportunities

Countryside partners with emh group on affordable housing scheme

Source: https://www.insidermedia.com/news/

Mixed-tenure developer Countryside has entered into a development agreement with emh group to create a 100 per cent affordable housing scheme in Radcliffe-on-Trent.Located at Shelford Road, the new development will comprise 55 new homes, fulfilling a joint commitment by Countryside and emh group to provide affordable homes across the East Midlands. To date, this also includes 105 affordable homes in Grantham.The new development at Shelford Road will comprise a range of two, three and four-bedroom homes, 30 of which will be available for shared ownership with the remaining 25 available for affordable rent with emh group.The development is set to bring more than £500,000 of Section 106 local investment, including approximately £390,000 towards primary and secondary education, £58,000 towards off-site highway improvements, a £50,000 healthcare contribution and £65,000 towards sport and leisure facilities.