Is there any Councils who are progressing with large housing development schemes through the HRA? (Rather than a separate company?)
We are currently looking into the potential to develop a large site for Housing (300+ properties). But for any large site to be financially viable, we would need to supply a mixed tenure of housing. Some to be retained as affordable rented through the HRA, some as Shared ownership, and some to be sold on the open market. Can the HRA build new properties to sell directly on the open market, if the Capital Receipts help fund the development of the scheme?