£500,000 Grant Boosts Veteran Housing Project In Newport

The Isle of Wight Council is set to build its own housing for the first time in many years, thanks to a £500,000 grant from the Armed Forces Covenant Fund Trust. 

The funding, awarded under the trust's Veterans’ Capital Housing Fund, will increase the availability of affordable or social rented housing for veterans in the Island's county town.

The grant will be used to construct four one-bedroom flats on New Street, a site already under council ownership.

This location is strategically located on a residential street with convenient access to local amenities, bus routes, and the bus station.

The land has been prepared for development under the Brownfield Land Release Fund, and positive discussions have been held with planners regarding consent for homes, in advance of a planning application being submitted.

The initiative represents a pivotal effort to alleviate the housing challenges faced by veterans on the Isle of Wight.

With a notable increase in housing applications from veterans between 2022 and 2024, the necessity for dedicated housing solutions has become increasingly apparent.

This project will offer long-term secure tenancies at affordable rents, providing veterans with a stable and dignified living environment.

Monthly Veterans’ Outreach Support meetings and regular social drop-ins, which already take place on the Island, will further enhance community integration, fostering a sense of camaraderie among residents.

Councillor Ian Stephens, Deputy Leader and Cabinet member for housing, said:

"This project transcends mere construction; it is about forging futures.

"By providing secure, affordable housing, veterans will gain the stability necessary to thrive, reconnect, and feel valued within their community.

"The project underscores the council's dedication to supporting those who have served, offering them the dignity and respect they rightfully deserve."

Councillor Julie Jones-Evans, the local ward member, added:

"This site is being put to great use by helping house our veterans.

"Tucked away in the centre of the county town, they will be welcomed into our central Newport community and have easy access to all the fabulous local amenities we have.

"Definitely a project to celebrate, this is a brilliant example of partnership working."

The council is a signatory of the Armed Forces Covenant, which pledges to support all those who serve or have served in the armed forces, and their families.