Monday, 15 February 2010

£200m Nottingham PFI Opens For Bids

Nottingham City Council has become the first local authority to unveil its plans in the latest round of the £1.7 billion social housing private finance initiative. Last week the local authority presented its plans for the £200 million regeneration of The Meadows Gateway in the centre of the city to a number of interested parties, including developers, housing associations and funding organisations.The scheme includes an undisclosed share of a £1.7 billion housing revenue account PFI from the HCA, which was awarded last August. Nottingham City Council will now press on with the next phase of its plans to develop proposals that will allow it, in partnership with private sector contractors, to deliver new or improved council homes as well as new affordable rented homes. Read the full story on the Inside housing website by clicking on the logo below.

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