A total of 2,460 homes were sold in the year ending 31 October 2020, compared to 4,035 the previous year.
Finance Archives - NewStart
The government expects 700,000 people to benefit in the first year of the scheme.
The funding will contribute to the development of an innovative Enterprise Centre, the latest building at the council’s Horizon 120 business and innovation park on the outskirts of Braintree.
The 33,000-home housing provider has borrowed £75m from SMBC and £25m from existing lender, Nationwide.
The funding will be open year-round, meaning charities can apply at a time that suits them and will not be restricted by deadlines.
The deal, which is part of the Towns Fund, will breathe new life into Truro’s waterfront.
The new measures will come into force on 1 April and include giving local authorities five years, instead of the current three, to spend Right to Buy receipts.
According to the report, 3m children in the UK now live in a family that is struggling to buy food and other essentials.
'Crunch time is approaching and taxpayers need to be alert to the risk. Public bodies and the Treasury need to be on top of this issue now.’
On top of the government’s £46m investment in the programme, the additional funding announced today takes the total scheme to £64m.