Self-Financing: Planning the Transition

The CLG have issued a document updating the policy and implementation arrangements set out in the document Implementing Self-financing for Council Housing published on 1 February 2011. The purpose of the document is to:
*provide local authorities with the detailed information they need to prepare for and achieve a successful transition to self-financing
*provide an update on the wider policy and accounting context within which self-financing will operate.
The publication also contains:
*a summary which could be used to explain the reforms to tenants or other interested groups at Annex A
*Refreshed Demolitions Guidance at Annex B
Also accompanying the policy document are working drafts of the legal 'determinations' necessary to bring self-financing into effect, the powers for which are in the Localism Bill. The CLG intend to formally consult on the determinations in November 2011 but would welcome views from the sector on the current versions. Download the document from the CLG website.