Formation of Shropshire Council housing development company
Our goal
Actual
Target
Goal
Shropshire Council is looking to develop a housing company which will bring forward homes to meet a variety of market needs
Bigger values are best
Cornovii Developments Limited is Shropshire Council’s wholly owned Local Housing Company, which aims to build 1,000 new homes between 2020 to 2025. The company has been formed to address unmet housing need in the county and to generate income for the Council. Planning applications have been submitted for their first three development sites in Shrewsbury, Ifton Heath and Ellesmere. The company is currently investigating expansion into the Private Rented Sector to address unmet need in this sector.