￡500m boost for stalled housing schemes

摘要

More than £500m of private sector funds could be available by June to buy up stalled housing schemes and create new housing projects for private rental.rnThe Private Rented Sector Initiative (PRSI) is the brainchild of the Government's housing and regeneration arm, the Homes and Communities Agency (HCA). Under the initiativernpension funds and overseas investors will set up a £500m fund to kickstart a property investment market in the UK for private rental homes.