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The Local Housing Company model is a joint venture between the public and private sectors, with local authorities ‘investing’ land in the development process and private developers and other investors providing funding to an equivalent amount.
The Local Housing Company approach will strengthen local authorities’ position at the centre of the development process, and provide a range of opportunities for investors and development partners. In doing so, Local Housing Companies will also increase the supply and range of new homes available.
This is an innovative housing initiative which seeks to address the shortage of homes by responding to the Government’s drive to increase the role of local government in home building.
For further information please contact Paul Buckland.
