Liverpool City Council has launched a new housing development in Anfield and Breckfield, north Liverpool.
The first phase of the £9m scheme is being officially unveiled on Friday 24 June, which is delivering 72 homes.
The council said the project includes 38 two, three and four bedroom houses available for private sale, with a range of shared equity options aimed at helping people buy their first home; and 34 for rent, managed by Arena Housing.
Developed by Keepmoat Homes and designed by local architects Halsall Lloyd, the scheme is being part-funded by a £1.7m Homes & Communities Agency Kickstart grant.
The council added properties are being allocated initially to local residents within areas earmarked for clearance under the Housing Renewal Programme.
The council said the development reaffirms its commitment to continue working with private and public sector partners and the local community to deliver new homes, despite the removal of HMRI funding.
Liverpool City Council is working with Keepmoat Homes, Arena Housing and the HCA to deliver the next phase of The Parks with a planning application due to be submitted in autumn this year for the start of construction in spring 2012.
The city council's cabinet member for housing and community safety, Cllr Ann O'Byrne, will visit the site on Friday to officially open the development show home and sales office.
O'Byrne said: "This scheme is an important part of our plans to drive up the quality of housing in the area and to work with partners to mitigate the impact of the end of the Housing Market Renewal programme. The regeneration of Anfield/Breckfield remains a major priority for us, and although there are many challenges ahead, we are doing everything we can to improve life for residents."
The development has also brought local people together through a special project, to design artwork reflecting on the past, present and future of the area – which will be displayed on the hoarding around the site.
The council added that The Parks is the latest in a number of key Housing Renewal developments in the area in recent years, and follows the construction of 159 new homes on Dobson Street and Robson Street and the refurbishment of over 900 local homes. Construction is also underway on the new Four Oaks Primary School and a new health centre.