Gloucester City Homes invests £3.9m in energy efficient home improvements
Gloucester City Homes (GCH) will invest £3.9 million in home improvements to cut fuel bills and carbon emissions, with the help of a £1.5 million government grant.
The housebuilder joined a consortium bid alongside Cheltenham Borough Homes and Two Rivers Housing, and led by Stroud District Council. Together, the group secured a grant of £6.1 million from the Department for Energy Security and Net Zero, through its Social Housing Decarbonisation Fund.
GCH’s portion of the funding will be used to retrofit homes in Matson and St Pauls Court. This would involve external wall insulation, cavity wall insulation, loft insulation, ventilation upgrades, and window replacements.
532 of the county’s social housing properties are set to benefit from the project, starting with the least energy efficient. GCH also plans to employ a local site manager for the project and develop a supply chain with SME businesses in the Gloucestershire area.
Chief Executive Guy Stenson said: “We are delighted to have secured Wave 2 funding together with our Gloucestershire-based consortium partners, building upon the success of the Wave 1 funding, the delivery of which is well underway.
“With energy prices soaring, it is more important than ever that we make sure our homes are fit for the future. Not only do schemes like this make homes more comfortable for tenants and reduce energy bills, they also help to minimise carbon emissions from domestic properties, a vital step towards supporting the country’s target to be net zero by 2050.”