Work is already under way on some of the developments
It's been nearly two years since Manchester council decided to take matters into its own hands by setting up a development firm in a bid to tackle the housing crisis – and now work on This City's first two schemes is under way. Offering a mix of 'truly affordable' housing as well as some to be rented at market rates, the arms-length company puts the town hall in the driver's seat.
The town hall now has its eyes on six more sites for development across the city. But over the next six months it will look for investors to make it a reality. Work on 244 new homes in Collyhurst Village is well under way with a further 30 new council homes planned on another site nearby. A recent council report has set out plans for the next phase of this part of the Victoria North scheme.
According to the council report, there is 'significant interest' from affordable housing providers who have a 'proven regeneration track record' in the region. Work to identify an affordable housing partner is set to start this summer with the council and developer the Far East Consortium to appoint one next spring.
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