May’s Housing Cash Pledge Is Not Enough

Councils have warned that a £2bn funding pot finally made available to them will not be enough to deliver the new generation of council homes promised by Theresa May. Their message comes as the first ever social housing green paper by a Conservative government is expected to be published this week. Local Government Association chair, Lord Porter, the Conservative leader of South Holland District Council, Lincolnshire, said he would not be able to build enough council homes to meet local demand because the government was only offering 166 councils extra borrowing capacity and additional funding for social housing. Read more on the Guardian website.

https://www.theguardian.com/society/2018/jul/21/may-2bn-council-housing-pledge-not-enough-council-leaders-warn