MHA secures ownership of £5 million scheme

A housing association has expanded its property portfolio.

Manningham Housing Association (MHA) has secured full ownership of all 24 homes in the newly completed One Meadow development in Eccleshill, Bradford. 

The final five properties – two three-bed and three four-bed detached homes – were acquired in a £1.1 million deal, taking the total investment in the scheme to £5 million. 

Built by Jack Lunn Construction, the energy-efficient homes boast a reduced carbon footprint and sit close to schools, a health centre, sports facilities and supermarkets.

Delivered in partnership with Zentra Group and supported by Homes England and Bradford Council, officials say the investment “underscores” MHA’s commitment to “support local communities in Bradford”.

John Kent, director of finance and resources at MHA, said: “We are thrilled to secure full ownership of this stunning new development.  

“This would not have been possible without ongoing support from Homes England, Bradford Council, our dedicated staff, board members, investors, our partnership with Zentra Group, and, most importantly, our customers. 

“It is located in an established local community with a robust identity and reliable communal services, ensuring a high quality of life for its residents. 

“The proximity to existing MHA housing stock and the high demand for housing in the area contributes to the long-term viability of the project for current and future generations.”

Rupert Pometsey, MHA chair, added: “Acquiring the entire One Meadow scheme underscores our deep resolve to support local communities in Bradford. 

“We are dedicated to ensuring that every individual and family we serve feels valued and supported.  

“These new properties represent another major step forward in achieving that goal.

“The development not only expands our housing stock but reaffirms our dedication to being the landlord of choice, providing secure and comfortable homes at an affordable cost.”

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.