Government Warned Limits On Building Safety Fund Will Reduce Social Housing New Build

Social landlords will be forced to reduce planned development and maintenance spend if they are not allowed to reclaim their full cladding remediation costs from the new £1bn Building Safety Fund, the government has been warned. The Greater London Authority, the NHF and the Labour Party have all called for increased access to the pot for social landlords, following the publication of a prospectus setting out its remit. Under the current rules, social landlords will not be permitted to bid for the full cost of cladding works, only for the funding they would have billed private leaseholders through service charges. Read more on Inside Housing.

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