Wednesday, 9 July 2014

Local Growth Fund: Housing Revenue Account Borrowing

 Kris Hopkins writes to local authority leaders about additional housing revenue account borrowing (Extract follows).
“The Government has announced today (7 July) an increase of £60 million in additional Housing Revenue Account borrowing across fifteen local authorities to help increase the numbers of affordable new homes in England, and I am also announcing that we will be holding a second bidding round for new schemes in 2016/17 to the programme”

Download the full letter from the GovUK website.

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