The Pre-Budget Report states the following:
“The government will examine the scope for local authorities to borrow against revenues from new council homes, to support delivery of housing where this offers value for money, and will consider interactions with wider reforms to the council housing finance system.”
“The government will examine the scope for local authorities to borrow against revenues from new council homes, to support delivery of housing where this offers value for money, and will consider interactions with wider reforms to the council housing finance system.”
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