To provide a tailored housing solution which meets the needs of each individual community, as the recent Elphicke-House report encourages local authorities to do, every local authority will have to look very carefully at the funding options available to them.

After all, new housing supply needs financial backing to get off the ground and bespoke solutions may be needed to unlock both the investment and the returns needed to provide a 21st century housing solution.

The Elphicke-House report outlines a number of funding solutions that local authorities may wish to consider – and some local authorities have already successfully adopted various structures.