it is generally recognised that there is a serious shortage of affordable housing in England. Consequently, many local authorities are building new council houses and many would like to build more. However, they are constrained in their ability to do this by the government imposed 'borrowing cap' that limits their ability to borrow to fund development.
The purpose of this briefing paper is to provide an update on local authorities, development and the borrowing cap.
It includes sections on:
Let's Get Building
Autumn Statement 2013 and Development
Repurchasing
Arms' Length Management Organisations
Council Subsidiaries
Joint Ventures
Recent Developments
Autumn Statement 2013 and the Borrowing Cap
Increased Borrowing Potential
Trading Borrowing Capacity
Your copy can be freely downloaded from HERE
