City chiefs are set to approve £64 million investment in 525 new homes - including the regeneration of a deprived housing estate.
The city’s Labour cabinet are expected to approve the £28 million rebuilding parts of the Bromford estate in Hodge Hill following the demolition of three run down tower blocks.
The council’s Birmingham Municipal Housing Trust will build 225 houses of which 168 will be retained for council rent and 57 sold.
Alongside this the council’s wholly owned INReach development company will spend £36 million on 300 apartments and houses on various inner city sites. These will be available for rent at full market rate.
Labour council leader John Clancy said: “It’s clear there will be no one-size-fits-all solution as we address the growing housing needs in Birmingham.
“The city must build a range of homes, including social housing and private rented accommodation and these projects show how Birmingham City Council is stepping up to meet the demand. The 525 new homes will transform lives and futures for families and communities.”
The new Bromford estate homes will be scattered over eight sites - including on land formerly occupied by the Stoneycroft, Bayley and Holbrook tower blocks and the old Comet pub.
Construction will commence in late 2017 after the Environment Agency has completed flood defence works surrounding the River Tame.
A report to the cabinet states: “There are high levels of overcrowding and strong demand for new homes in East Birmingham, and the development of new homes in the city is accordingly a high priority for the development of new homes.
"Cabinet has already approved proposals for a major regeneration scheme at the Meadway in Stechford and North Yardley, and proposals are in development for a major housing development in the Shard End.”
The sites earmarked for development by INReach include the former tower block sites on the A34 Birchfield Road, the former Brasshouse Centre site on Broad Street, Hobmoor Close in Small Heath and on land at Key Hill in Hockley.
The council needs to ensure the provision of at least 89,000 new homes by 2031 and it is anticipated that around 60 per cent of these will be in the private sector either for rent or sale. The development of sites by INReach will create additional housing growth and also provide valuable assets for the council and regular income.