Published: 2nd Mar 2020

Milton Keynes Council has revealed plans to establish a housing company to create 2,000 ‘truly affordable homes’. The council’s cabinet is due to meet on 10 March to discuss a report to create the company, which it claims could positively influence local landlords, by setting higher standards for others to follow. If the plans are approved, councillors will ask the Milton Keynes Development Partnership (MKDP) to explore how a new company could function and set out a business case for the local authority to consider at a later date. According to the report going before the cabinet, the new company will be expected to deliver 2,000 affordable homes for local families by 2023. This will be in addition to the council’s commitment to building 500 new council homes across Milton Keynes. The report also states that 26,500 dwellings need to be built across the borough by 2031 to meet expected … (To read the full article, subscribe below)