This consultation seeks views from local authorities and other stakeholders on the lending terms of the Public Works Loan Board.
This includes revising the terms of PWLB lending to ensure that local authorities continue to invest in housing, infrastructure, and public services. To further enable high-quality investment by local authorities, the government is cutting the interest rates for investment in social housing by one percentage point and making available an extra £1.15 billion of discounted loans for local infrastructure projects.
This consultation from HM Treasury runs from 11 March to 31 July 2020.