BUSINESS

Sheffield loans £3m to its housing company to tackle council housing crisis

Sheffield City Council has decided to loan £3m to its own housebuilding company to build 1,000 new council homes.

By Hiba Mahamadi | 25 October 2017

Sheffield City Council has decided to loan £3m to its own housebuilding company to build 1,000 new council homes.

The project will be overseen by the Sheffield Housing Company, which was set up by the council in 2011 in partnership with housebuilder Keepmoat and housing association Great Places and has so far delivered 400 new homes.

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Popular articles by Hiba Mahamadi

  1. Councils could lose millions in utilities repayments after court ruling
  2. East Riding top of recycling rates
  3. Domestic abuse crime figures surge
  4. Fuelling the future
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