ARCH has learned that stock retained councils will not be
required to make high-value asset (HVA) payments in 2017/18. This comes as news
following the announcement of an expanded pilot for the voluntary Right to Buy
for housing association tenants. In his Autumn Statement on 23 November, the
Chancellor announced that following the initial pilot of the voluntary Right to
Buy for tenants with five housing associations, the government will launch an
expanded regional pilot in 2017-18. This pilot will be funded by the Exchequer
to the tune of £250million over four years from 2017-18 to 2020-21. More
information on the timing will follow once the detail has been developed with
the housing association sector. Read more on the ARCH website.
No comments:
Post a Comment