New Towns: Finance
(asked on 28th August 2026) - View Source
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, whether she plans to use Private Finance Initiative finance to support new towns.
This question was answered on 2nd November 2026
New projects under the Private Finance Initiative (PFI) and its successor, Private Finance 2 (PF2), ended in 2018. The government has no plans to bring back the old model.
Private sector investment will have an important role to play in delivering the next generation of new towns. We are considering how best to harness private capital alongside public investment to support delivery.