East Northamptonshire Council was initially prepared to allow the land it owns in North Street, Rushden, to be used by a social housing provider for new affordable properties.
But the council has received only one expression of interest, which council officers say does not represent value for money.
The tender which was received proposed to create seven houses and two flats.
Do you think enough is being done to provide affordable homes in East Northamptonshire? Tell us your views by clicking hereThe policy and resources committee meet tonight to discuss the matter.
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