Yarlington Housing Group has announced that it will be working with Bristol City Council to help solve the city’s housing crisis.
The two sites come following Yarlington’s recent planning submission for more new homes on Kings Weston Avenue in Shirehampton.
Working with the city council, Yarlington will provide a mix of tenures across its sites to meet the needs of a range of people. Tenures will include affordable rent, social rent, shared ownership and outright sale.
Yarlington has committed to delivering a minimum of 50% affordable housing across both sites and will directly reinvest any profit derived from its outright sale plots back into building more affordable homes.
On the announcement, Yarlington’s Group CEO, Gary Orr said: “One year ago, we made a commitment to deliver 500 homes in Bristol and we are delighted to be working with Bristol City Council to fulfil our ambitions. This is a significant milestone for Yarlington Next-Gen strategy and a major contribution to help meet the city’s housing needs.”
Last year, Bristol Mayor, Marvin Rees, announced the city council’s pledge to build 2,000 new homes a year by 2020, with 800 affordable homes, as part of its 2017-2020 Corporate Strategy.
Stephen Lodge, Yarlington’s Executive Director of Growth and Development added: “We are pleased that Yarlington is able to play its part in supporting Bristol City Council’s ambitions. We look forward to working collaboratively with the council to ensure we realise the potential of our joint vision to solve the housing crisis and meet the needs and aspirations of the growing population in the city.”