The housing minister has said he is open to considering
changes to the government’s policy of lifting the borrowing cap only for
certain councils. When asked by Liz Twist, a Labour MP on the Housing,
Communities and Local Government Select Committee, whether the government has
considered raising the cap for all councils, Dominic Raab said he does not have
a “closed view” on the policy. In the Autumn Budget last November the
government announced £1bn of extra borrowing capacity for those councils where
housing demand is highest. But critics have said £1bn is not enough to build
the number of council homes required. Read more on Inside Housing.
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