Abrdn the new fund is used to build rental homes.
Introduction
The Government has announced a deal with John Lewis to build 1,000 new homes in England over the next two years.
The Government announced the announcement, which said it would work with John Lewis Partnership to deliver affordable homes for sale at prices ordinary people can afford.
The deal is part of a more comprehensive plan by the Government to increase the housing supply, mainly through private developers.
The deal is part of a more comprehensive plan by the Government to increase the housing supply, mainly through private developers.
The Government is also working to reduce the cost of building new homes. It recently announced plans to give councils powers to charge higher council taxes on empty properties and incentivize landowners who make on brownfield sites near transport links or other infrastructure projects.
The deal will see John Lewis Partnerships and the Government work together on new-build homes and community projects.
Most of these properties will be for rent, with some sold at meager costs or shared ownership schemes.
John Lewis has already announced plans to build 500 houses in East London as part of its partnership with the Mayor’s Housing Company (MHC).
The new fund has been named Abrdn, which stands for Affordable and Rental Homes Development.
The new fund has been named Abrdn, which stands for Affordable and Rental Homes Development.
John Lewis has invested £500 million in this project and provided £100 million in equity capital to support its growth.
conclusion
It is a good deal for John Lewis, who will benefit from low-cost land and construction costs. And it’s great news for people who need affordable housing in England.
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