A NEW development in Green Park is set to make 40 new homes affordable to Reading.
A partnership between housing provider Abri and St Edward, which is part of the Berkeley Group PLC, has seen a deal secured to ensure new homes will be available at the complex.
Homes will be made available at around 20% below local market rates, with priority given to local families and individuals on Reading Borough Council’s waiting list.
There are currently more than 2,500 people on the list waiting for affordable housing.
Abri is also working with the government’s housing agency, Homes England, meaning it has secured grant funding to make the homes more affordable.
The homes will be a combination of one- and two-bedroom apartments, which are part of the established community at Green Park Village which includes a lakeside setting, on-site train station and primary school.
Alongside the new homes at Green Park Village, Abri currently has more than 258 homes under construction or in the pipeline in Reading.
These include 134 affordable homes being built by Abri’s in-house construction team which include 54 homes at Chatham Street, 40 homes at Caversham Road and another 40 homes at Elgar Road South, all three developments will provide 100% affordable housing.
At Emmer Green Drive, Abri is also delivering 124 affordable homes as part of the wider 223 home redevelopment of the former Reading Golf Course by Vistry.
Thomas Wells, Land Manager at Abri, said: “We are proud to deliver these much-needed affordable homes for Reading, which demonstrates our commitment to building high-quality, sustainable housing that meets the needs of the community.
“Working with Berkeley Group again strengthens our partnership and successful track record of delivering well-designed, affordable homes without compromising standards.
“The new homes form part of Abri’s wider commitment to building 10,000 new homes by 2030 and by working collaboratively, we’re able to support more people and deliver, real lasting change.”
