Warrington lends housing association £20m

WARRINGTON Borough Council is to lend £20m to housing association Plus Dane Group to build affordable homes in the town.

The latest loan, which will cover the cost of 100 new homes in the borough, takes Warrington's total lending to housing associations in the last four years to £160m.

It follows a £90m loan to St Helens-based Helena Partnerships in January which was set up in 2002 to take over the housing stock of St Helens Council.

Last year the council loaned £30m to Chester-based Muir Group Housing a... For the full story register now for free or login below...