Taywood returns affordable housing grant following delivery tax wrangle

May 1, 2007
Taylor Woodrow has handed back £11.3 million of Housing Corporation funding, granted last year to build affordable housing. The move follows a failure to resolve wrangles over the tax implications of its chosen approach to delivery. Taywood’s director of partnering, Terry Fuller, told Housebuilder that the Corporation was “really enamoured”with the developer’s social housing plans and that it was hoping …

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