Middlesbrough creates housing company to meet new homes ambitions

By Martin Ford | 04 January 2019

Middlesbrough Council is setting up a wholly-owned housing company as it embarks on ‘the most ambitious house building programme in recent history’.

Up-front costs ahead of set-up will be covered using Section 106 money, and the council is putting up funding of up to £10m including equity and loans to develop three council-owned sites.

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Housing Commercial investment