Mr David Lammy: To ask the Secretary of State for
Communities and Local Government, if he will make an assessment of the
potential effect of a removal of the borrowing cap on local authorities' housing revenue accounts on the output of new council
houses.
Brandon Lewis: We have no plans to remove the
limits on indebtedness but we have been able to make available an additional
£300 million borrowing over 2015/16 and 2016/17 and those councils that needed
additional borrowing have now had two opportunities to bid for additional
borrowing. I announced on 9 October that £178 million additional borrowing was
still up for grabs in the second bidding round. We are now considering those
bids. 
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