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JV formed to deliver Affordable homes at St Michael’s Hurst, Bishops Stortford

Countryside and affordable-housing provider Paradigm Housing Group have formed a joint venture to deliver the latest phase of homes at St Michael’s Hurst, a village-style neighbourhood on the outskirts of Bishop’s Stortford. 

The partnership will develop 208 new homes, including 125 much-needed affordable homes with a range of one and two-bedroom affordable apartments and two, three and four-bedroom houses - 73 for affordable rent and 52 as shared ownership. The private homes will be a mix of three and four bedroom private homes. 

Verity MacMahon, Countryside, Managing Director, Home Counties North, said: “We’ve got a strong track record of working with a range of partners to deliver housing that truly meets the needs of the local community. We’re pleased to be working with Paradigm on the latest phase at St Michael’s Hurst to continue delivering high quality, affordable and sustainable new homes.” 

The first homes are anticipated to be completed in summer 2023. 

Martyn Jones, Paradigm’s Executive Director for Development & Sales, said: “We’re really pleased to be jointly delivering this next phase of quality new homes at St Michael’s Hurst.  Our aim is to provide more affordable homes than the original planning permission required, which should help a greater number of people as we all work through the cost-of-living crisis.”

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