FINANCE

ResPublica backs community bonds

ResPublica has proposed investment in infrastructure should be encouraged through the distribution of bonds by special purpose vehicles.

Investment in infrastructure should be encouraged through the distribution of bonds by special purpose vehicles (SPV) outside of the local authority, ResPublica has proposed.

The think-tank's Financing for Growth report, published today, claims a new model of Community Infrastructure Bonds could use multiple revenue streams and links to land and property value to construct bonds through SPVs, outside of conventional tax-and-spend models.

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