Ebbsfleet Garden City is one of 30 areas which will spearhead a £1.2billion scheme to see discounted starter homes built for young, first-time buyers.
Up to 635 starter homes could be created across the Garden City and will include homes in a newly-created city centre as well as on Northfleet Riverfront
Paul Spooner, Interim Chief Executive of the Ebbsfleet Development Corporation (EDC) said: “EDC is pleased to be one of the Government’s new priority areas for starter homes with up to £31.6million for Ebbsfleet Garden City.
“The development of the Garden City is well under way with 600 houses on target to be built this year and EDC is keen to ensure that the widest possible range of housing is developed to meet needs.
“The Starter Homes initiative will provide the opportunity for more people to get on to the housing ladder and we will be targeting this additional resource on bringing forward new sites for development, working closely with our landowners and developers who are all committed to the Garden City’s success.”
The new homes for first-time buyers between 23 and 40-years-old will see a discount of at least 20 per cent below market value.
EDC was selected with 29 local authorities on the basis it can achieve early delivery of the starter homes.