Housing associations will borrow an extra £3bn in order to build 30,000 new affordable homes, Chancellor reveals

Housing associations will borrow an extra £3bn in order to build 30,000 new affordable homes, Chancellor reveals

March 13, 2019

 

Chancellor Philip Hammond has today committed £3billion in extra borrowing to deliver 30,000 new affordable homes in England.

In the Spring Statement, the Chancellor announced that the Government will guarantee the extra borrowing by housing associations to support the delivery of the homes, but did not supply a timetable for delivery.

 

Read the full article on the Daily Mail website

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