Jeremy Corbyn and John Healey, the shadow housing minister, want to create a housing department STEFAN ROUSSEAU/PALabour will today unveil proposals to build a million “genuinely affordable” homes over a decade. Jeremy Corbyn and John Healey, the shadow housing minister, will launch a 50-point green paper on housing, which has suggested linking the affordability of accommodation to local income averages. The party has set out plans to offer central government grants worth £4 billion a year for affordable homes. It also proposes to make land available for building more cheaply by creating an English Land Sovereign Trust, which would be backed by compulsory purchase powers. The plan would mean landowners losing part of the extra value created when planning consent is granted on their land, which can lead to the price of agricultural land soaring 100-fold.

Source: The Times April 18, 2018 23:05 UTC