Plans To Double Spending On Council Homes In Milton Keynes
|Published: 12th June 2012 19:51|
Spending on improving council houses is planned to double over the next five years to meet the growing demand for affordable quality homes to rent, according to a proposed Milton Keynes Council housing strategy.
The housing strategy, which is due to be discussed by the council's Cabinet on Wednesday 20th June, identifies the main issues as being increasing the number of homes to rent and maintaining the current 14,000 council homes in the borough to even higher standards.
To meet this challenge an extra £10m is proposed to be spent on council housing in the borough by 2017- many homes of which are of non traditional build and need improving to modern standards.
Also the housing strategy highlights the council's first move in a generation to start to build council homes again - initially focusing on properties for older people/people with disabilities.
Other actions proposed by the strategy include:
- Continue to bring empty homes back into use
- Explore new ways to increase housing supply (such as Real Estate Investment Trusts, self-build schemes, Community Land Trusts, co-ops, "joint ventures")
- Work with housing associations for example to keep rents as low as possible
- Explore new ways to increase affordable home ownership
- Consult further on using powers to house people in the private rented sector rather than in social rented housing.
The housing strategy report states ‘it proposes to do this by creating homes and neighbourhoods in new areas or through regeneration ... in short to develop Milton Keynes as a major 21st century city.'