Plans to encourage housing associations to borrow money
to invest in new homes are being announced as part of a fresh government
house-building drive. Housing associations will be reclassified as private
bodies allowing their £70bn debt to be removed from the government's balance
sheet. Housing providers said changing their financial status would help them
secure the "long-term finance" needed. But Labour said there was no
coherent plan to address the "housing crisis". Read more on the BBC
website.
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