Port of Leith welcomes new homes
The second development built solely for mid market rent (MMR) by Port of Leith Housing Association (PoLHA), and its subsidiary company Persevere Developments Limited (PDL), has welcomed new residents.
Eight households have moved in to a block of new, high-quality properties in Flaxmill Place, Newhaven.
The £956,000 development, compromising two bedroom properties, is part of a larger scheme currently being built by Barratt East Scotland which already accommodates eight flats for social rent for Port of Leith Housing Association.
Keith Anderson, Chief Executive of Port of Leith Housing Association, said: “High quality, energy efficient and affordable homes is what we passionately believe in and being able to deliver. We are extremely pleased to have completed these homes and welcome eight new households.”
The development was funded by a combination of private finance raised by PoLHA and a Government grant allocated by the City of Edinburgh Council.
PoLHA has built the mid market rent homes on behalf of its wholly owned subsidiary company Persevere Developments Ltd (PDL) which was set up in 2011 to enable the Association to offer a wider variety of affordable housing in future.
PoLHA owns over 2700 properties throughout Leith and the wider North Edinburgh area and has plans to deliver 400 more new affordable homes over the next few years through the Association and its subsidiary Persevere Developments Limited.
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