Capital Investment Outstanding for ALMOs – Parliamentary Written Answer

Heidi Alexander MP (Labour, Lewisham East – Lewisham Homes; Vice Chair of ALMOs APPG and member of the Communities and Local Government Committee): What recent estimate has been made of the level of outstanding capital investment requirements for ALMOs? Andrew Stunell MP (Parliamentary Under-Secretary of State for Communities and Local Government, Stockport Homes): ALMOs have estimated that around £2 billion is required to complete their Decent Homes investment programmes. Future funding for the Decent Homes programme will be decided in the context of the spending review.