A JV North member has launched a new shared ownership and sales arm as part of its bold ambitions to build 500 homes by 2021.
Weaver Vale Housing Trust, which owns 6,200 homes across Cheshire, has launched Prospa Homes in a bid to increase choice across the county and help tackle the housing crisis.
As a not-for-profit organisation, all money raised from the new venture will be invested back into social housing in Cheshire helping to improve provision and support communities.
To mark the launch, WVHT has announced 27 new homes available for shared ownership at the new Barratt Homes development at Dane View in Northwich, a few hundred metres away from its head office in Gadbrook Park.
WVHT works closely with JV North and Homes England to access grants for affordable housing and has committed to using local contractors where possible to help make new affordable homes across Cheshire a reality.
Wayne Gales, who is Chief Executive of WVHT and Chairman of JV North, said: “The launch of Prospa Homes marks a proud and pivotal moment in the history of WVHT and will enable us to deliver on our ambitions to build hundreds of desperately needed new and affordable homes of all tenures across Cheshire.
“The housing crisis is no secret with demand massively outstripping supply and as a long-standing and trusted provider, we firmly believe that we are perfectly placed to deliver the right type of properties that people want, in the right places.
“Cheshire is a fantastic place to live and work, however people are being unfairly priced out of the area, but our vision at Prospa Homes is to make Cheshire-living affordable.”
Other developments in the pipeline include homes in Arclid Village and Barrington Park in Alsager, with more sites to be announced soon.
Properties available under the Prospa Homes brand are currently available for shared ownership sale and marketed to individuals, couples and families struggling to get a foot on the housing ladder.
PHOTOGRAPH: Weaver Vale Housing Trust’s Croft View development in Barnton, Cheshire.