Andy Burnham is casting round for ideas for how to fund a major increase of spending on social housing, within the current (albeit modified) fiscal rules set by Rachel Reeves;

A while ago, I proposed a social hosing bond (not unlike a war bond) that would direct savings & investment towards the sector from people looking for stable investments (and who perhaps want to see a rise in social housing).

While not fully developed you'll get the idea.

#housing #politics
https://northwestbylines.co.uk/politics/opinion/could-social-housing-bonds-be-part-of-the-answer-to-the-housing-crisis/

Could social housing bonds be part of the answer to the housing crisis?

Funding needed for social housing is massive, and this article offers a novel approach, to be known as national social housing bonds

North West Bylines | Powerful Citizen Journalism

@ChrisMayLA6 Glasgow city council are using a similar vehicle to fund Net Zero investments. First million-pound bond last year provided funding to save £160k pa in electricity costs. Administered by a company called Abundance Investments:

https://www.glasgowtimes.co.uk/news/25512394.glasgow-city-council-launch-new-green-investment-scheme/

@Mschatelaine

Interesting; thanks & boosted