Affordable housing scheme approved by Loughborough MP
"We hope Ladybird Close will inspire future projects and further regeneration in Loughborough and beyond.”
A new multi-million-pound affordable housing scheme in Loughborough has been given the nod of approval by Nicky Morgan MP.
Developed by emh group, the attractive properties at Ladybird Close comprise 43 family homes in a variety of sizes and layouts.
The £4.9 million mixed scheme is close to Loughborough town centre, located on an urban brownfield site which was formerly a disused BT compound.
As well as emh group’s own resources, the scheme is funded by the Homes and Communities Agency and the Recycled Grant Fund. Ladybird Close, built by Westleigh Developments, is part of a wider regeneration programme from affordable housing provider emh group across the East Midlands.
Nicky Morgan, MP for Loughborough, said: “It is fantastic to see a brownfield site reused and redeveloped to bring more local people into the heart of Loughborough. I am delighted to be here to celebrate the completion of Ladybird Close, and I would welcome more affordable homes from emh group in the future.”
Chan Kataria, Chief Executive of emh group, said: “As well as meeting local demand for high quality, affordable homes, we hope Ladybird Close will inspire future projects and further regeneration in Loughborough and beyond.”
Ian Jones, Business Development Director at Westleigh Developments, said: “It has been great to be a part of this fantastic project, working alongside the emh group and other agencies to revive a disused area by providing much needed affordable housing for the long-term benefit of the community.”
Starting on site in March 2013, the scheme took just a year to complete.