LB Hammersmith & Fulham has almost completed work to turn a derelict former health clinic in Shepherds Bush into two one bedroom affordable flats – the first such completions by the new local authority Housing Co.
In addition to these homes at Becklow Gardens, 23 new properties will be built across six other sites in the borough. The construction follows a council announcement last year that it would be establishing its own housing development company in order to directly provide new affordable homes for people living or working in the borough. The two properties will be sold at discounted market rate to people with a household income of up to £60,000.
Cllr Andrew Johnson (pictured above right, with leader Stephen Greenhalgh in one of the new flats), cabinet member for housing, said: “We’re committed to creating ladders of housing opportunity in Hammersmith & Fulham and I’m delighted to see the completion of the first of our local housing company’s new homes at Becklow Gardens.”
Through the housing development company structure the council says it will be able to maximise its financial return, retain the benefit of any affordable housing that is developed and maintain greater control over the design of the new housing schemes.
The housing development company will initially be funded by money the council has saved from selling off void properties that are too expensive to repair but in the longer term is intended to become self-financing.