A government that spends around £21bn each year on
housing benefit does not know what contribution this money makes to the supply
of new housing. Now, a key Commons committee has put the CLG on notice, wanting
a report back within a year on identifying metrics that can be used to
establish the full impact of housing benefit on building new homes and scope
for this financing to be used more innovatively to increase housing supply and
home ownership. The Public Accounts Committee says it specifically wants to see
research into the estimated £8bn in housing benefit a year spent on subsidising
rents paid by tenants in the private rented sector. Read more on 24housing.
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