Local councils managing their own council homes are set to receive public funding for the first time to help improve their housing stock, as the Homes and Communities Agency today confirmed allocations of £1.6bn to help bring council owned homes to the Decent Homes Standard over the next four years. A total of 46 local authority landlords will share £1.6bn of Decent Homes Backlog funding, with £379m going for the first time to councils that retained management of their homes. The remainder of the £2.1bn available will meet existing commitments to 28 Large Scale Voluntary Transfer housing associations (LSVTs). The funding for councils is expected to halve the backlog of Decent Homes works in the sector by 2015. The HCA said a total of 24 councils that submitted a bid have not been funded, while most, it said, have received a proportion of the funding they bid for. Read more and download full allocation lists on the 24dash website.
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