On 14/11/2012 08:53, Roland Perry wrote:
In message
, at
23:10:47 on Tue, 13 Nov 2012, harry remarked:

Affordable=uneconomic in my book.

"Affordable" is jargon for "run by a housing association".

I agree that any loans to such organisations to build more housing stock
should be done at a commercial rate. If they subsequently make a loss on
the rental income, there are various grants they can fall back on.

Are there - would you mind giving an example?

There used to be a Revenue Deficit Grant, but that was long ago IIRC.

Rob