Biart Place development
LATEST (27 July 2022) - The development of the Biart Place site has taken a major step forward after the council secured nearly £9 million in grant funding for the project.
Homes England has awarded a £6.8 million grant from its Affordable Homes Programme 2021-2026, while the Coventry and Warwickshire Local Enterprise Partnership (CWLEP) has awarded £2 million via the Government's Getting Building Fund.
The grant from Homes England means the development can be 100 per cent social housing, while the grant from the Getting Building Fund has covered the site clearance costs.
A report to councillors considered at a meeting on 26 July 2022 explained Rugby was considered a 'high-pressure affordability' area, meaning Homes England had agreed to provide funding towards the development on the basis it was 100 per cent social housing.
The council intends to share detailed plans for the development before submitting a planning application in the autumn.