Housing Minister John Healey has described his plans to reform council housing finance as a 'once in a generation opportunity' for local authorities. He said it was 'unlikely' councils would ever get a better deal and urged local government bosses to take a 'serious look' at the proposals during the consultation period. Under the new self-financing system, local authorities would keep all the rent they collect from their homes and all the receipts from any sales of houses or land. He confirmed not a single penny would go to Whitehall and not a single penny would subsidise other councils as the current system dictates. Find out what else John Healey had to say in this exclusive interview with 24dash by clicking on the logo below.
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