Urbanism
Environment
Design

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Drawing on research into European experience this short paper sets out the case for government enabling local authorities to support the issue of bonds to help finance infrastructure in areas designated for major housing growth.It builds on ongoing work for Cambridgeshire Horizons into innovative forms of finance. The arguments are also developed as part of a new approach to valuing housing land set out in a report produced by a working group for the Housing Foroum on Land for Homes, and published for the Annual Conference in April. This report called for serviced sites to be made available to builders at a price of around 25% of the development value, to support the selection of development partners on the basis of quality rather than price.