Liverpool Council's house building company - which once promised to build 10,000 new homes across the city - is to be liquidated after developing just 18 properties.
In early 2018, Liverpool Council announced the launch of a flagship new housing company that it said would 'radically reshape Liverpool's housing market.'
In a major launch, then Mayor Joe Anderson said the new ' Foundations' company would deliver 10,000 properties across the city, fuelled by an estimated £500m investment programme. There would be a focus on building homes for foster families, the elderly, people with disabilities and the homeless as part of an 'ethical' housing company.