Developments

1. Background

Cambridge Investment Partnership (CIP)

CIP was established in February 2017, to support Cambridge City Council to address its acute housing need by providing high quality brand new council homes and private sale homes, along with commercial and community facilities. As part of the £70m Cambridgeshire and Peterborough Devolution Grant, CIP committed to start on site to build 500 new council homes by March 2022.

CIP now has a mixed portfolio of sites from large city centre brownfield developments providing private sale and council homes at Mill Road and Cromwell Road; the transformation of existing Council estates where rehousing options have been provided for existing residents such as Anstey Way and Colville Road and infill developments utilising surplus parcels of Council owned land to provide new homes.

Five years on CIP has achieved its commitment to have started on site at least 500 homes by March 2022. Indeed, this milestone has been achieved a year early, alongside an additional 400 private sale homes which have generated income for the Council to further invest in more affordable homes. It has completed eight sites under Covid guidelines and is now working to deliver a minimum of 1,700 new homes with at least 1,000 being Council homes in the next 5 years. These will include the first ever Passivhaus-certified council homes. This has been possible due to the joint decision making approach of the investment partnership and the access it provides to technical expertise and innovation. Building to Passivhaus standards will ensure far lower energy bills and warm, comfortable homes for residents.

“We are continuously looking at how we can do more and do things better.” Community engagement has been vital to our success and consultation has ensured we have provided the right sort Cambridge Investment Partnership Successes of new homes. This includes building more sustainable homes and all of our developments are gas free, four years ahead of the Government’s targets. In July 2021 we were granted planning permission to build new homes at Fen Road to Passivhaus standards ensuring low carbon new council £8M homes for local families. In addition to providing high sustainable 2022 new homes, we are investing in the local community in the form of community centres, open space and public art.

8 sites completed, 7 sites under construction

At The Beginning Representatives of CIP at the commencement event at Timber £8 million worth of S106 Works – from left to right Cllr Anna money committed to local Smith, Tom Hill, Cllr Richard Johnson, schools, parks, sports centres, Clare Flowers and Cllr Dave Baigent. NHS and The Chisholm Trail 697 new council homes already achieved planning Additional 169 new council homes expected to start on site by the end of 2022 628 new council homes started on site

1214

1214 overall homes in programme Target of 5% of workforce from local community