2,000 homes planned as Shropshire Council to set up its own house building company
Shropshire Council is to enter the housing business by setting up a company to build more than 2,000 homes across the county in the next ten years.
The Shrewsbury-based authority is recommending that councillors agree to setting up the company at its meeting on December 13.
An outline business case prepared by consultants says that the council could make millions of pounds by building homes, as well as tackling a shortfall in commercial house building in the county.
Under the plans, some homes will be built for sale on the open market, while others will be built for the affordable rental market.
In a report on the plan, Mark Barrow, the council's Executive Director of Place, says that hundreds of homes could be built on land the council already owns.
