This document discusses local housing companies as a way for councils to increase housing development. It notes that about 150 local housing companies have been established or are planned. Local housing companies can deliver additional housing units, give councils more control over development and place-making, and generate a financial return. However, council housing revenue accounts have borrowing limits and rent levels that make it difficult to invest in new housing. Local housing companies located in the general fund can access lower-cost borrowing and manage a wider range of housing while avoiding right-to-buy issues. Bristol is highlighted as an example where local housing companies are being used to accelerate housing delivery, increase affordable units, and avoid land speculation.