The first significant affordable housing scheme for family housing in Skegness for seven years has been announced by Waterloo Housing Group.

In partnership with East Lindsey District Council, the development will bring 101 new homes to the area to help meet the demand for affordable housing. Work has already started on site and the first new homes are expected to be ready later in the year.

The site, currently arable land, has been purchased from Louth United Charities. The funds generated by the sale will enable them to continue their work to support those most in need in the local community.

The development is possible thanks to funding of £2 million from the Homes and Communities Agency and a further £1 million contributed by the Greater Lincolnshire Local Economic Partnership.

The houses will be built by locally based house builder, Chestnut Homes. There will be a mixture of  one, two, three and four-bedroom houses and one and two-bedroom bungalows. Seventy-eight homes will be available for affordable rent and a further 23 will be available to part rent, part buy through shared ownership.

Ursula Lidbetter MBE, Chair of the Greater Lincolnshire LEP, said: “Our housing market plays an important role in supporting the local economy. We are pleased to be able to work with local partners to enable provision of a wide range of homes to suit all budgets, in the right places to support business growth and stronger communities.”

Andy Parker, area development manager for Waterloo Housing said: “Skegness has a real need for affordable housing and we are pleased that we will be able to provide new homes for local people and at the same time support the work of Louth United Charities. It is also another good example of Waterloo Housing Group working with our partners East Lindsey District Council to secure Government funding for homes in the area.”

Neil Kempster, Land and Development Director for Chestnut Homes said “This project has been a continuation of the successful partnership we have with Waterloo to deliver more affordable housing in the county. We have worked together to bring the land forward, obtain planning permission and now start construction on this much needed housing for Skegness.”