Our grant funding helps housing association open first new development

New housing development in Hemel Hempstead

Our grant funding has helped a housing association open its first development of new homes in Hemel Hempstead.

The three-storey apartment block at Swallow Fields is the first of a number of new housing schemes Thrive Homes is developing in the borough, as part of a £20 million investment to provide more affordable homes in the area.

Part of a larger development off Three Cherry Trees Lane, the Thrive complex comprises nine homes - a mix of one and two-bedroom apartments - for rent to local people.

Representatives from the council and Thrive Homes gathered to officially open the scheme last Tuesday (5 March).

Leader of the Council, Cllr Andrew Williams, and Deputy Leader Cllr Margaret Griffiths joined Thrive Chief Executive Elspeth Mackenzie and Thrive Chair Ashley Lane to celebrate the occasion.

Cllr Williams said: “I'm delighted to be celebrating the opening of these new homes. This also marks the beginning of a stronger relationship between Dacorum Borough Council and Thrive Homes.

“Following Thrive’s recent move to Hemel Hempstead, we hope to develop this relationship further to deliver more much-needed affordable new homes for local people.”

Thrive Chair Ashley Lane said: “We're thrilled to unveil our first new homes in Dacorum and are looking forward to welcoming our new residents at Swallow Fields.

“Partnership working is key to everything we do, so we are very pleased to have forged close links with Dacorum Borough Council during the course of this project.

“We moved our head office to Hemel Hempstead late last year as a sign of our commitment to the borough, and look forward to continuing to work with the Council to build more homes in the area for many years to come.”

Residents will be moving into the new Thrive homes over the coming weeks. The apartments have been finished to a high standard, with all carpets and appliances to be gifted to the new residents.

Thrive is currently planning its second new housing development in Dacorum - Two Waters, near the centre of Hemel Hempstead, which will comprise 36 homes for shared ownership.

The housing association was formed in 2008 by the acquisition of housing stock from Three Rivers District Council, with the task of investing in the homes to bring them up to a good standard and securing opportunities for affordable homes in one of the least affordable areas of the country.