The government has pledged to deregulate housing
associations in order to allow them to become private bodies again “as soon as
possible”. The CLG responded to the ONS decision to reclassify associations as
public bodies by stating it is committed to “ensuring associations continue to
be recognised as independent organisations”. The ONS decision means that
associations’ £60bn of debt will be pushed onto the public balance sheet. A CLG
spokesperson said: “This matter relates to an historical legislative change,
made by a previous government, which came into effect over eight years ago and
makes no difference at all to the way housing associations run themselves and imposes
no new controls or rules. We will bring forward measures that seek to allow
housing associations to become private sector bodies again as soon as
possible.” Read more on Inside Housing.
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