Laura Sharman 08 December 2017

Council to build 10,000 new homes through ethical company

Council to build 10,000 new homes through ethical company

Liverpool City Council is due to approve plans to set up a new ethical housing company to help deliver 10,000 new homes.

The company, called Foundations, aims to ‘dramatically’ shake up the city’s housing market and accelerate the rent to buy sector by taking a percentage from rent to cover deposits.

It will also build bespoke properties for the homeless, foster carers, large families, the elderly and people with a disability.

Mayor Joe Anderson said: ‘This new housing company will radically reshape Liverpool’s housing market and is called Foundations because that is precisely what it will provide for generations of people.

‘Foundations will also help the council benefit from the additional council tax we collect from increased housing, like we have already with the 8,000 homes I created in my last mayoral term.’

The programme is also expected to create 2,000 new jobs.

 
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