Merton Council plans to wind up its wholly owned housing company Merantun Development Ltd, after the company’s business case was deemed “no longer viable”.
The argument for shifting resources away from housing benefit subsidies to social housing provision is growing stronger, says councillor Graham Chapman.
The Scottish Government is to pump an additional £200m of funding into its Affordable Housing Supply Programme next year, to help the construction sector’s recovery from Covid-19.
Ealing Council has approved plans to borrow more than £390m over 50 years to on-lend to its housing company to build more than 1,300 affordable homes over the next six years.
The UK government's planning white paper underestimates the complex relationship between new homes and the communities they are built in, says Dr Alison Knight.
Local government pension schemes in Lincolnshire, South Yorkshire and Tyne and Wear have invested a combined £97m into a ten-year residential investment fund.
The future of our planet depends on finding a financially sustainable way to implement technologies that reduce carbon emissions from buildings, says Tim Reade.
Council investment in buying buildings dropped by 56% in the first quarter compared to last year, while spending on new construction projects fell just 14% according to government data.
Harrow Council has agreed to create a regeneration joint venture worth up to £600m with developer Wates Residential, with plans including a new civic centre, school and up to 1,500 homes.
Northampton Borough Council has approved proposals to borrow an additional £50m to help with the acquisitions of properties, in a bid to reduce homelessness in the borough.
Councils could speed up infrastructure and affordable housing delivery by borrowing against its proposed new infrastructure levy according to the government’s consultation on planning reform.
Basingstoke and Deane Borough Council and Hampshire County Council have signed a contract with developer Urban and Civic to deliver a £1.2bn housing project.
Additional grant funding of around £10bn will be required if the government is to meeting social housing demand, according to the Housing, Communities and Local Government Committee.
Councils borrowed £875m for housing projects in March from the Public Works Loan Board after the introduction of a special rate for housing revenue account projects in the Budget.
Boris Johnson’s infrastructure promise offers a one-dimensional approach to helping public services recover from the shock of Covid-19, argues Chris Thomas.
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