Cambridge is a growing city – the population is predicted to increase to 150,000 by 2031 (as detailed in the local plan 2018).
Average house prices in Cambridge are now over £500,000, as outlined in our housing strategy [PDF, 3MB]. Private rents are among the highest in the UK as well, leaving many residents priced out of the city.
With the local economy continuing to expand, we are keen to ensure that all residents have a range of housing options.
To accomplish this, we plan to build at least 500 new environmentally friendly council homes in Cambridge by 2021. We will also acquire property on new private developments, which we then let as social housing or sell as affordable housing.
Our sustainable housing design guide [PDF, 3MB] sets out the key design principles we will follow when building new homes and developing land. Our Housing Development Agency (HDA) is leading this work.
If you are in need of housing you should register with Home-Link, which allocates homes to residents with the highest level of need.
Buying land gives us greater scope to accelerate our housing development projects, as well as bringing a return on investment. To facilitate this, we set up the Cambridge Investment Partnership (CIP) to invest in land in the city. We own the CIP equally with Hill Investment Partnerships.
As well as investing in land, we are employing staff and taking on apprentices to help us build new homes and refurbish community centres. Developing a range of in-house construction and maintenance skills allows us to make best use of our resources. It can also save us money in the long term.
- Green markers: Completed schemes
- Orange markers: Schemes in progress
- Blue markers: Forthcoming schemes
The HDA is governed by our Housing Scrutiny Committee. You can see recent progress updates in the committee’s meeting records.
This work is funded in part by a £70m housing grant, which was made available as part of the 2016 devolution deal. We are accountable to the Cambridgeshire and Peterborough Combined Authority for meeting the target of 500 new homes by 2021.