Episode
Council Abandons Housing Company Plan
- Published
- Jun 27, 2026
- Duration seconds
- 88
- Processing state
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Summary
Kingston Council’s ambitious plan to buy 150 homes for $63 million to rent out to housing register families has been scrapped due to financial unsoundness — but the properties are still being acquired, now for temporary accommodation to ease pressure on costly emergency housing. While the original strategy to fulfill housing duty via a separate company failed, the new approach keeps families prioritized for permanent homes and avoids complex corporate structures, offering a pragmatic fix amid soaring demand and rising costs. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/df8094d8c3c057b2