Local Authority Partners
Local Authorities in the UK are focusing on increasing housing stock in their areas and are seeking private capital to facilitate this development and to create new revenues streams to offset reductions in government grant funding for Local Authorities.
Local Authorities traditionally find housing developments through their Housing Revenue Account (which requires all revenues and capital receipts to be spent only on future housing). Local Authorities are increasingly looking to create developments having a mixture of ownership by establishing local housing companies outside of the Housing Revenue Account.
ReSI is able to invest alongside Local Authorities in Local Housing Company as a JV partner.
Equity Investment & Ownership
Local Housing Company
Local Authority or Housing Association
20-40 year management & nominations agreement
To find out more how ReSI can help Local Authorities contact