Government announces more freedom for councils to sell land
Tue 22nd April 2014, 3:20 pm
Government ministers have announced that local authorities will be given more freedom to sell their land for development.
Councils will now be able to sell their land below market value if it is used to build affordable housing.
Other measures announced by the government include a rise in the housing borrowing cap, so councils can invest more in new affordable homes.
Secretary of State Eric Pickles said: "We have untied the hands of councils so they can take more responsibility for housing in their area.
"Councils have built more homes in the past three years than under the whole of the last government - 170,000 affordable homes have been delivered since 2010, and housebuilding is now at its highest level since 2007.
"But there is still more to do. Today we are offering extra borrowing powers so councils can build more homes.
"We are also making it easier for councils to sell surplus and redundant property for new affordable housing, and they should consider what land they can release for the benefit of their local community."