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Funding plan

Language: English Series: Estates Times ; (1194) 18 June 1993, 3 | Estates Gazette ; (9324) 19 June 1993, 34(1)Publication details: 1993Subject(s): Summary: The DoE is asking the Treasury to back a scheme allowing urban development corporations to fund speculative development. Development corporations will now be able to give rental guarantees to private sector investors and put land into joint venture companies in return for an equity stake.

The DoE is asking the Treasury to back a scheme allowing urban development corporations to fund speculative development. Development corporations will now be able to give rental guarantees to private sector investors and put land into joint venture companies in return for an equity stake.