Brighton council housing plan
The possible investment is revealed in the small print of one of Brighton and Hove City Council’s largest contract tenders.
The £300 million programme will renovate all the city’s 12,000 council houses.
Contractors are warned in the tender documents that the council may build £10 million of homes in the future.
The Argus first revealed proposals for new council housing in November.
Councillor Mary Mears, then head of housing, said under-used sites on council estates could provide land for new shared home ownership schemes, where the council and buyer share the costs of the property.
The homes would be aimed at young families and the rent returned to council coffers to subsidise repairs elsewhere.
More Recent News
- New Year same trouble Alex Coxall 6 Jan. 2009 The 2009 RICS forecast predicts a further fall this year of 10% in average property price, which would mean a peak to trough drop of 25%. The predictions are based on the continued reluctance of lenders to lend and the increasingly glum economic climate we are facing. Read more
- Darling considers credit guarantees Bloomberg.com 11 Dec. 2008 Dec. 10 (Bloomberg) -- U.K. Chancellor of the Exchequer Alistair Darling is considering credit guarantees for households and companies to spur bank lending, a person familiar with the plan said. Read more
- Rics figures show November fall Alex Coxall 11 Dec. 2008 Figures released by the Royal Institution of Chartered Surveyors (Rics) show that property prices have continued to decline during November. Read more
- Price drop slows slightly Alex Coxall 27 Nov. 2008 The rate of house price drop fell in November according to figures released by Nationwide today. The market however remains nearly 14 % lower than it was a year ago, as buyers remain worried and lending remains curbed. Read more
- Housing market Downfall 27 Nov. 2008 Famous scene from an award winning film reworked. Read more
Be the first to comment
Nobody has made any comments on this entry - be the first to have your say below.