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Catalyst Housing wins bid for Waltham Forest affordable housing scheme

by Natalie Vincent Tue 29 August 2017, 10:35 am

The new scheme will see 100 per cent affordable homes for first-time buyers.

The proposed Waltham Forest development

The new scheme will see 100 per cent affordable homes for first-time buyers. 

London Mayor Sadiq Khan has released a new brownfield site for affordable homes in Waltham Forest. Webbs Industrial Estate on Sutherland Road was purchased last November by City Hall as part of its £3.15bn Affordable Homes Programme. The site, which previously housed a lightbulb factory, had not been used for 13 years.

 With 330 homes due to be built, Mr Khan has given assurance that all properties will be allocated for shared ownership, his favoured choice for affordable housing. He said: 

 “I’m doing all I can to help fix London’s housing crisis, but it will take time to turn things round. I’ve been honest from the start – this is going to be a marathon, not a sprint.  But we’re already taking big steps forward – my new planning rules will help raise affordable housing levels in new developments, and my £3.15bn funding deal with the Government will help to build an extra 90,000 genuinely affordable homes to rent and buy.”

 The development will also include a creative hub providing more than 3,000 sq m of affordable workspace and artist studios, a park and retail space. Catalyst will be working together with Swan Housing Association and C.F. Møller Architects.

 Councillor Clare Coghill, Leader of Waltham Forest Council, said: “We are really pleased that the first site of 100 per cent affordable London housing, will be found in Waltham Forest, regenerating an old disused factory. We fully support the Mayor’s affordable homes ambition and we are committed to making sure our residents have access to these homes.”

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