Link Group Ltd’s new affordable housing development at Lower Mary Street, Port Glasgow has been officially opened by Inverclyde Council’s vice convener for education and communities, Councillor James McColgan.

The £5.1 million development of 46 homes for social rent and shared equity began in December 2014 using £2.8m funding from the Scottish Government.

Built by Persimmon Homes, the 38 homes for social rent include two-bedroom terraced houses, one and two-bedroom flats, two-bedroom cottage flats and one two-bedroom cottage flat for a wheelchair user. These properties will be managed by Link Group’s subsidiary, Larkfield Housing Association.

There were also eight homes available to buy through the New Supply Shared Equity scheme - six three-bedroom terraced houses and two three-bedroom semidetached houses. Priority for both types of housing was given to long-term residents of the Clune Park area, whose run-down flats are to be demolished as part of ongoing regeneration by Inverclyde Council.

Link Group chief executive, Craig Sanderson, said: “We are delighted to have been supported by the Scottish Government and Inverclyde Council to enable us to build these new, high quality homes which will help play a part in the area’s regeneration.”

Councillor James McColgan, Inverclyde Council’s vice convener for communities, said: “The completion of this development and the progress made in regenerating Clune Park compliments the continuing improvements made in the housing stock in Inverclyde. Not only do they offer great quality affordable homes they also contribute to the broader regeneration of Port Glasgow and make Inverclyde a more attractive place to live.”