The new homes, built by Keepmoat, are owned by the Council but managed by the social landlord Incommunities under a five year contract that started in 2016. The rental income from the new homes pays the borrowing costs of the funding used to build them.
The 200th new home is one of 20 new homes for rent located at Cliffe Lane West in Baildon. There are twelve three-bedroom and eight two-bedroom houses. Nine of the homes have been handed over this week and the remaining 11 are due to be handed over next week.
As well as developing 20 new homes for rent, the Council has also built homes for sale at the same site. These are currently being marketed for sale.
These completed homes form the first phase of the development; work has now started on the second phase which will develop a further 35 homes on the same site, for completion by March 2018.
Coun Alex Ross-Shaw, Bradford Council’s Executive Member for Regeneration, Planning and Transport, said: “Ensuring people have a decent, good quality home is a key priority for the Council. We are pleased to be able to deliver these new affordable homes for the people of Bradford. To hand over the 200th new home is a great moment to celebrate.”
Adrienne Reid, Incommunities’ Assistant Chief Executive, Neighbourhoods, said: “We are delighted to be working in partnership with Bradford Council to deliver more high quality affordable homes for local people. The completion of these new homes in Baildon marks a great milestone.”