Goram Homes always aspires to exceed planning policy in terms of delivery of affordable homes. Across our current programme we have a target of delivering 48% of our homes as affordable homes as outlined in our Business Plan.
Affordable housing delivery on our sites will be secured through two routes; affordable homes delivered as part of planning requirements; and those delivered in addition to planning requirements. These additional homes will usually require public subsidy from Homes England.
There may be times where design challenges or high service charge costs mean it isn’t appropriate to deliver affordable housing on site. Where this is the case, we will find another way of delivering the extra homes off-site.
The breakdown of affordable homes into different tenures is stipulated by Bristol City Council in its affordable housing policies. These policies state that 75% of these affordable homes must be delivered as Social Rent and 25% as Affordable Home Ownership (which includes Shared Ownership and First Homes).
The tenure split for any additional affordable homes we deliver will vary for each site and will depend on the viability of the development, the availability of funding and the Registered Provider buying the homes from Goram Homes.
You can find out more about the breakdown of affordable homes, by tenure, for each of our sites on our development map. Where projects that are still early in the development process, we have provided an estimate and will update our numbers as soon as they are available.
