Radical proposals to change the way council housing is funded are a “policy of our times” and in line with the government's localism agenda, according to local government leaders. Speaking at the CIH Conference in Harrogate, Martin Wheatley, programme director at the Local Government Association, said plans to allow councils to keep all the money they raise in rents and sales of housing assets fit in perfectly with wider government priorities, including prudent public spending. Consultations over the future of the housing revenue account (HRA) subsidy system, launched prior to the general election, continue until 6 July. As part of a one-off settlement, some councils will take on extra debt and pay it off over 30 years. Read more on the 24dash website.
No comments:
Post a Comment