Interim boss to head council owned housing company
This Land Ltd – previously known as the Cambridgeshire Housing and Investment Company Ltd – was set up to provide an additional income stream for the council. In essence the plan was simple and that was for This Land Ltd to acquire council owned sites, develop them, and then to reap the financial benefit. But the methodology of how those sites would be transferred, the capitalisation of This Land Ltd and the changing nature of housing has meant not everything has been plain sailing. Mr Lewis offered county councillors an optimistic ‘sound bite’ briefing in his February report...
Source: wisbechstandard.co.uk