Project will provide 100% affordable rent to occupiers
ENGIE, the leading
regeneration, energy and services group, has completed building works on a £12
million scheme, which has seen 43 new homes constructed in partnership with
Waltham Forest Council.
The development comprises
of 27 houses and 16 flats, three of which are fully-fitted disability flats,
and forms part of the council’s continuing commitment to providing quality new
homes for residents – with 100% affordable rent.
The £12 million scheme,
which is part of a wider £300 million programme, was created to help with the
demand for more housing in the borough.
The scheme has taken 16
months to complete, and the majority of the homes are now occupied, with
residents having moved into the portfolio of newly built properties, ranging
from one and two bedroom flats to two, three and four bedroom houses.
Dan Germann, MD of London
and South Developments at ENGIE, commented: “We have been working on the
programme for several years, and this is the 16th site we have
completed for Waltham Forest as part of its housebuilding scheme.
“It’s great to be part of
the team that brings the affordable housing vision to life and supports local
families, and we’re very excited to see how our partnership develops moving
forward, allowing us to make greater sustainable places.”
Councillor Simon Miller,
Waltham Forest Council’s Cabinet Member for Economic Growth and Housing
Development, said “We have tough targets to meet to provide the expected 18.000
new homes needed in Waltham Forest over the next 10 years, but we are
determined to make as many of those homes available for affordable rent as
“This high quality
development in Warburton Terrace helps us deliver our promise to have a decent
roof over the heads of all of our residents as it is 100 per cent affordable
rent and includes family homes which are very much in demand.”