Council could use bonds agency to finance housing company

A council that is creating a development company to build new homes could use the LGA’s municipal bonds agency to secure finance.

A council that is creating a development company to build new homes could use the Local Government Association's municipal bonds agency to finance the business.

Sutton LBC told The MJ the agency was ‘one of the avenues we will be exploring to support the new company', which will look to unlock stalled sites in need of development.

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