Tories: £25m 'Black Hole' In Social Housing Plans

There is a £25 million "black hole" in flagship Government plans to build new affordable and social housing, the Tories have claimed. Last summer Gordon Brown announced moves to build 110,000 new homes by reallocating funds from existing projects, as part of his Building Britain's Future strategy to tackle the recession. Some £183 million was due to be found through "efficient and flexible management" of housing and regeneration programmes at the HCA, but Housing minister John Healey has said £25 million has yet to be identified. In a written Commons answer, Mr Healey revealed efficiencies for 2010-11 would be found "at a later stage, following an assessment of performance and delivery options". Shadow housing minister Grant Shapps said this was "grossly irresponsible" and was likely to mean further borrowing to plug the shortfall. Read more on the 24dash website.