Affordable homes not financially viable Options

[Andy Capp]

Has it been given away or long term leased?

Do you think our local Housing Association has the tens of millions needed to build on the land?

If they don't have the means then how do they afford to build anything? Mind you, if capital is an issue, selling the land for a pound, is a good start.

[Lolly]

Has it been given away or long term leased?

Do you think our local Housing Association has the tens of millions needed to build on the land?

You could try looking at their accounts. Last time I looked, which I admit was a few years ago they were doing very nicely. Also they have access to public subsidy from the Homes & Communities Agency, and tax subsidies/exemptions for their 'not for profit' activities.

You could also look at the remuneration packages of the Chief Executive & Management Board - far in excess of what they would be paid as Council Housing Executives, and their employees don't fare badly either.

[user23]

You could try looking at their accounts. Last time I looked, which I admit was a few years ago they were doing very nicely. Also they have access to public subsidy from the Homes & Communities Agency, and tax subsidies/exemptions for their 'not for profit' activities.

You could also look at the remuneration packages of the Chief Executive & Management Board - far in excess of what they would be paid as Council Housing Executives, and their employees don't fare badly either.

So has it been given away, or long term leased?

I can't tell from that answer.

[Lolly]

So has it been given away, or long term leased?

I can't tell from that answer.

Sorry I was responding to your second question 'Do you think our local Housing Association has tens of millions needed to build on the land?'

I have no idea whether the land has been given away or long term leased or whether the Council have ( or will) achieve value for money from the disposal. Do you?