Accent is delighted to be part of an alliance of 15 housing associations working with the Cambridgeshire and Peterborough Combined Authority to deliver up to 40,000 affordable homes over the next 20 years.
In this unique partnership, known as Homes for Cambridgeshire and Peterborough, at least 2,000 new homes will be provided by 2021. They will be suitable for people on a range of incomes, and come in a range of tenure, including affordable rents.
Accent Chief Executive Paul Dolan said “There is great need for affordable homes in this area. The average house price in Cambridge is nearly 17 times the average local salary, which means many people are being priced out of the communities they live and work in. Together, we will work with the Combined Authority, local authorities, and Homes England to deliver good quality, affordable homes for people in need which support and sustain our communities.”
According to the Home Truths 2016/2017 East of England report, Cambridge is the third most expensive place to buy a home in the region.
Homes for Cambridgeshire and Peterborough collectively own and manage 48,277 homes in the Cambridgeshire and Peterborough area. Every year, the housing associations involved add almost £100m to the local economy and support over 1,000 jobs.