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£33.8m scheme for 93 affordable flats at 'challenging' York site

Castle Mills - City of York Council to decide on flats scheme

A REVISED scheme worth about £33.8 million to build 93 affordable flats at a prime site in York is set for a decision.

Proposals to build 56 flats which would be rented at social rates and 37 sold through shared ownership deals have been drawn up for the Castle Mills site, in Piccadilly.

A City of York Council report stated the project would contribute to the local need for affordable housing and support the city’s economy.

It added challenging conditions at the site meant costs would be higher than normal, requiring a £10 million council investment including borrowing costs along with external grants and other cash.

Read more: https://www.yorkpress.co.uk/news/25883708.castle-mills--city-york-council-decide-flats-scheme/

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