Storm Clouds Gather over Housing Schemes

House builders and planners across the UK have launched desperate bids to save vital regeneration schemes from being washed away in a flood of government cuts. Leaders of the ten housing market renewal pathfinders, which face cuts of 20 per cent from their budgets, have held individual crisis talks with government officials this week. They have argued the £50 million cut will make it impossible to fund planned compulsory purchase orders and lead to local job losses. Slashing promised regeneration could ‘damage relationships between government and communities for more than a decade’. A spokesperson for the East Midlands Leaders Board said it stood to lose £1.88 million which the government gives it for handling the region’s housing strategy. ‘It will mean probably some redundancies being negotiated.’ Read the full story on Inside Housing.