A council has received £7.5m in funding to turn a sheltered housing complex into 60 social housing apartments for over 55s.
Fareham Borough Council has announced that Assheton Court in Portchester has now been demolished and will be replaced with one- and two-bedroom apartments in a new, purpose-built, affordable housing development.
Of the £7,560,000 of grant funding, from the Homes England Affordable Homes programme, £126,000 will be awarded per unit.
Executive Member for Housing at Fareham Borough Council, Cllr Fred Birkett said: “I am delighted that we have received this extraordinary amount of funding from Homes England as it means we can provide much needed housing for older people in the Borough at the most affordable social rent.
“Not only that, but Feltham Construction Ltd will help us deliver these homes which have been designed with energy efficiency and climate change in mind, to help mitigate soaring fuel prices for our residents.”
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Following a robust tender process, building contractor Feltham Construction Ltd has been selected to complete the new development at Assheton Court.
Feltham Construction will start preliminary works on site later this month, which includes extending the hoarding into a small area of the adjacent Long Stay East car park, which will become part of the new development.
While there will be some temporary disruption in the car park due to the redevelopment, realignment work has enabled there to be no net loss of car parking spaces in the council owned public car parks.
Adam Jervis, construction director at Feltham Construction Ltd, added: “We are delighted to be working with Fareham Borough Council on the Assheton Court residential scheme to deliver 60 very much needed units of sheltered accommodation for the over 55s.
“We are very pleased to be able to add Fareham Borough Council to our client base and look forward to bringing our experience in delivering high quality schemes to Portchester.”
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