The new homes which be built by housing associations

Five housing associations working in partnership with Peterborough City Council won the money from the Housing Corporation.

A further �5m will be invested by the housing associations working with the city council.

About �500,000 has been committed by the city council.

Graham Tomlinson, housing strategy manager for the city council, said: "This is excellent news for Peterborough as the money will enable the housing associations to build new homes for people currently waiting on the council's housing register.

Further bids next year

"The cash provides a major step forward in meeting the city council's longer term target of enabling more than 200 new affordable homes in the city each year.

"We will continue to try to secure further money and hope to submit further bids later this year."

The money will enable land to be purchased and 122 new homes to be built.

These will include specialist wheelchair-adapted bungalows on a number of sites across the city.