Birmingham City Council is inviting financial institutions to joint fund a finance product designed to help low income families afford home improvements, or to relocate.
The council will invite banks, building societies and other financial institutions to joint fund special affordable equity loans which help homeowners excluded from conventional lending.
Two ways to improve local authority finances
The NAO has concluded insufficient action has been taken to address weaknesses in council finances. Teams from TLT LLP consider what councils should do next.
