The introduction of Housing Revenue Account (HRA)
self-financing has given local authorities the freedom to develop and deliver a
more positive, less constrained, vision for council housing. The Chartered
Institute of Public Finance and Accountancy and the Chartered Institute of
Housing believe that it is vital that local authorities have effective
governance and financial management frameworks in place in order for
self-financing to be a success. In order to support local authorities in
assessing and developing these frameworks the two institutes have worked
together to produce a voluntary code of practice for the sector. Download a copy of the code from the CIH
website.
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