Housing associations to get £1m from council to buy homes at risk

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Housing associations to get £1m from council to buy homes at risk
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Knowsley Council has revealed how it will spend £2.2m of developer contributions towards affordable housing

Knowsley Council has revealed how it plans to spend £2.2m of money collected from developers for affordable housing.

The council had previously announced it was going to bring forward proposals for how to spend the money as part of a goal of increasing the amount of affordable housing available in the borough – with a report detailing those plans brought to a meeting of the borough’s cabinet yesterday, September 13.

For the private sector rescue scheme, registered social landlords operating in the borough will be able to apply for a third of the value of private sector homes where the landlord has issued a “no fault eviction” because they are selling up. It is anticipated up to 20 homes could be added into the affordable housing sector in the borough through the scheme.

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