Development Corporations: Loans
Commons · Question 28138 · Tabled 8 Sep 2026 · Ministry of Housing, Communities and Local Government · Official record
Answered 15 Sep 2026
Question
Asked by Chris Bloore
To ask the Secretary of State for Housing, Communities and Local Government, what recent assessment her Department has made of the potential impact of Public Works Loan Board borrowing rates on the capital investment capacity of locally led development co
Answer
Answered by Jim McMahon, 15 Sep 2026
The Public Works Loan Board lending facility provides cost-effective lending to local authorities to support local investment and service delivery. Locally-led development corporations cannot directly access lending from the PWLB though local authorities ...