Written Question·Ministry of Housing, Communities and Local Government·UIN 15926

Affordable Housing: Construction

Tabled: 25 November 2024

Answered: 3 December 2024

Question

David Simmonds

Conservative — Ruislip, Northwood and Pinner

To ask the Secretary of State for Housing, Communities and Local Government, with reference to the written Ministerial Statement of 28 October 2024 on Social and Affordable Housing: Next Steps, HCWS169, whether the fund with Muse Places Limited and Pensio

Answer

Matthew Pennycook

The government’s investment into a joint venture with Muse Places and Pension Insurance Corporation, publicly branded as Habiko, is an equity stake into an investment vehicle – which can be classified as a financial transaction – owned equally between PIC...

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