Transport for London Bill [Lords]: Revival

From my limited investigations, I understand that Sheffield entered into a local housing company in which the council invested the land and the joint venture partner invested the finance, with shared risk. Barking and Dagenham had a special purpose vehicle, in which the council put in the land and the private investor put in the money. Gateshead had a local asset backed vehicle—I believe such vehicles were introduced by the previous Government—where the council put in the property but the private sector put in the finance.