Friday, 12 January 2018

‘It’s Obscene’ - £80m Revamp Set To Include Just Four Affordable Homes

New homes, a hotel and offices are to be created in Norwich after an £80m revamp of the area around a former shoe factory was given the go-ahead. But opponents to the proposals said it was “obscene” that only four affordable homes are planned. There was criticism that a viability assessment written for the developers had argued a provision of 50 affordable homes - which would have hit a 33pc target for affordable housing - would prevent the scheme being cost-effective. Instead they had argued only four affordable homes, or a commuted sum of £353,234, would be acceptable to allow work to begin at the site. Read more on the Norwich Evening News website.

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