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Behind a bland announcement by the government of a review of housing and regeneration programmes lies some seriously good news for the private finance industry. There should be more opportunities to invest, though a period of institutional upheaval will cause delays.
This review, initiated by communities and local government minister David Miliband, is part of the government's quest to get more private money into affordable housing and regeneration.
The government has already committed itself to increasing the rate of house building by one-third to 200,000 houses a year by 2016. Four areas in the south have been …