Councils Urged To Be New Force In House Building

Councils have been challenged to take advantage of their increased independence through self-financing reform by investing in the building of new homes. Speaking at the Local Government Association’s housing finance conference, LGA president Lord Best told councils to borrow against their housing stock to deliver extra housing. ‘I think that the time will come when we think of councils directly and indirectly as providers of housing in a very major way,’ said Lord Best. Read more on Inside Housing.