Work begins on new affordable family homes in Cheltenham
Construction work has now started on a major affordable housing development at The Folley, off Swindon Road in Cheltenham, which will provide 122 affordable homes for local people.
E G Carter is delivering the development on behalf of housing association Aster Group, creating a mix of affordable rented and shared ownership homes to help address the significant demand for affordable housing across Cheltenham.
The new homes will support Cheltenham Borough Council's ambitions to increase the supply of affordable housing and help meet growing local housing need. In recent years, demand for affordable homes has significantly exceeded supply, leaving many local people struggling to access secure and affordable housing.
The homes will include modern features to help reduce energy use and running costs, such as air source heat pumps and electric vehicle charging points.
Mathew Vye, Residential Director at E G Carter & Co Ltd, said:
"We're delighted to be working alongside Aster on this important new development. Delivering 122 new homes for rent and shared ownership is something we're incredibly proud of, but for us a project like this is about far more than the homes themselves.
"As a family business, we always look for ways to leave a positive impact in the communities where we work. Through our partnership with Aster, we're looking forward to supporting local organisations, building relationships with groups such as Gardners Lane School and Cheltenham Animal Shelter, and creating opportunities that benefit the wider community."
Jane Gallifent, Development and Sales Director at Aster Group, said:
"We are delighted to have reached this important milestone and to see work begin on site at The Folley. This development will deliver high-quality, energy-efficient affordable homes for local people, with a particular focus on helping more people access affordable home ownership through shared ownership.
"There is a clear need for affordable housing in Cheltenham, and these new homes will provide security and opportunity for individuals and families. We're also pleased that the development will deliver new open spaces that can be enjoyed by existing and future residents alike."
The homes are being designed with energy efficiency and sustainability in mind, helping residents manage their energy costs while supporting wider environmental objectives.
Once complete, The Folley development will provide a mix of affordable homes and green spaces in a highly accessible location close to Cheltenham town centre.
The homes are expected to be advertised over the coming months, and eligible applicants will be able to bid for them through the local housing allocation process. Applicants will also need to demonstrate a connection to the district in line with local connection criteria.