Catalyst’s development of 270 new affordable homes at Newman Place in Oxford has received £4.34 million of grant funding through the Oxfordshire Housing and Growth Deal.
Oxford City Council, who Catalyst is working in partnership with on the Newman Place development in Littlemore, were awarded the Ministry of Housing, Communities and Local Government funding as part of the Oxfordshire Housing and Growth Deal.
Newman Place is a 100 per cent affordable development less than four miles from Oxford City Centre, bringing 108 new homes for social rent and 162 for shared ownership, with priority purchase options for NHS key workers.
This recent injection of funding will be invested in the delivery of new affordable homes in phase two of the development. The overall completion of the new community of 270 new homes at Newman Place is being built across three phases and is due to complete in summer 2023.
Joe Marshall, Catalyst’s Managing Director for New Homes (Counties) said:
‘We’re delighted to receive this funding from Oxfordshire Growth Deal through Oxford City Council. It provides a valuable contribution towards the development of the significant number of new affordable homes we’re building at Littlemore, just south of Oxford. We are absolutely committed to building the right mix of homes in the right places across the Oxford-Cambridge Arc, and Newman Place is a true example of this with new homes in a community setting that reflects the area’s heritage, biodiversity and economy.’