A HOUSING development in Newhaven has been bought by Lewes District Council to house homeless people from the area.
The council said it had invested £1.15m in buying the 12 properties at The Crest in Hillcrest Road.
It said the scheme would help keep homeless families in the district.
Lead member for housing at the district council Ron Maskell said: “We promised to take people out of expensive B&B outside the district and provide good quality accommodation within our area.
“The recent purchase of the Crest development in Hillcrest Rd, Newhaven demonstrates that we will invest in property that becomes available and move quickly to put our plans into action.
“There is some work for us to organise and manage over the next few months.
“Although the properties are 95 per cent complete there is some internal finishing and connection to mains services and final building control approval required.
“The development is in a prime location just five minutes walk from the town and station and will enable those residents who are housed there to stay close to family and friends.”
The Crest includes a total of 11 two bedroom properties and a one bedroom property.
The council will now arrange for work to be carried out to achieve the building control certificate.
District council leader James Page, added: “We purchased the development for £1.15m from the bank after the developer went into liquidation.
“We negotiated a significant reduction on the price we paid that will easily cover the work required to completely finish the development.
“This is excellent value for taxpayers as we were able to take full advantage of the new council housing finance reforms that came into effect in April this year.
“It is really good to know that we can use 100 per cent of capital receipts from the right to buy scheme to invest in new affordable housing schemes such as this, where previously we would have had to give 75 per cent back to Central Government.”