£1 billion social homes buy-up proposed

July 1, 2008
The National Housing Federation has recommended that government ring-fence £1 billion in Housing Corporation funding to enable its housing association members to buy up unsold private sector homes. The plan could benefit both sectors and could provide more than 10,000 social housing units, said the NHF. David Orr, chief executive of the NHF, commented: “The £1 billion could be used …

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