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English councils will build up to 25,000 new homes in the
next five years as a result of the freedoms that came with last year’s
self-financing revolution. The figure, calculated for the first time, comes
from a report by the Association of Retained Council Housing. The report will
show that the end of the housing revenue account subsidy system, which allowed
local authorities in England
to keep rental income rather than pay it into a centralised pot, has sparked
the first major wave of council building programmes for a generation. Read more on Inside Housing.
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