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Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
For-profit provider seeks to reduce reliance on Section 106
The profit-making affordable housing business set up by insurance giant L&G is looking to build a greater proportion of its homes itself using its sister company’s modular factory, rather than rely on section 106, its chief executive has said.
For-profit provider L&G Affordable Homes (LGAH) is looking to reduce the proportion of its homes it acquires through section 106 planning gain from three quarters of its portfolio to two thirds, Ben Denton told Housing Today in an exclusive interview.
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