Friday, 14 June 2013

Council Borrowing – Parliamentary Oral Answer

Caroline Lucas (Brighton, Pavilion) (Green): If the Government are serious about increasing housing supply, will they look again at lifting the current cap on council borrowing for house building, and at providing direct capital spending to allow councils to build a mass programme of affordable housing?

Mr Foster: We are looking at the point the hon. Lady has raised, and an announcement will be made on 26 June.

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