Working with our partners we seek to provide specialist supported housing in locations throughout the UK where need has been identified. This housing is specifically targeted at young people with complex physical or mental health needs. The schemes typically have between 16 to 20 units and are designed around the care needs of the individual tenant. The schemes make use of the latest assistive technology and there is care available on site as and when needed by the tenant.
Each scheme has a GDV of between £2m-£4m and we have built over £75m worth of schemes around the UK. We build units in locations throughout the UK and currently have completed 28 schemes with an additional 20 under construction and 13 are at the beginning of the development process. This equates to us having built or are currently building 837 units for young people to live independently.
These are funded in a variety of ways. Forward funded or bought on practical completion, but most recently they have been funded through our joint venture with Universities Superannuation Scheme (USS). This £100m fund has been created to invest in the independent living accommodation sector. We build units in locations throughout the UK and currently have completed 28 schemes with an additional 20 under construction and 13 are at the beginning of the development process.
By building these schemes we are taking people out of unsuitable or expensive care. In a study undertaken at one of our Blackpool homes it is estimated that each tenant that has moved in to this accommodation is saving around 40% of their annual care costs. This allows the authority to save on care costs, and also allocate money where it is most needed.
“This is a remarkable addition to our local community and I’m delighted that the scheme has proved so popular that there was a queue of people keen to move in. Cornmill House has a real community feel to it and I’m delighted that I’ve been able to work alongside my colleagues at Leeds City Council to help deliver this scheme in Seacroft. I’m keen to see how we can build more of these types of schemes in the city.” Councillor Graham Hyde, Leeds City Council