“Cuncils bid for multi-million pot of cash for more affordable homes” – shouldn’t developers be bidding to build unaffordable homes?

Owl thinks DEVELOPERS should be bidding to build unaffordable homes!

“Councils in Devon have welcomed a multi-billion pound boost to social housing across England as part of the drive to build the homes communities need.

Secretary of State for Communities, The Rt Hon James Brokenshire MP, made the announcement on Tuesday that around 23,000 new affordable homes will be delivered through a £1.67 billion government investment deal.

This will include at least 12,500 social rent homes in high cost areas in a move to support families struggling to pay their rent. …”

https://www.devonlive.com/news/devon-news/councils-bid-multi-million-pot-1742452