Green Paper Leaves Question Marks Over Council Housing Companies

Councils are seeking clarification over the government’s stance on town hall housing companies after the Social Housing Green Paper hinted at plans to curb the use of subsidiary landlords to dodge Right to Buy sales. A number of councils intend to press Whitehall officials to explain the government’s position on local authority-owned housing companies as they review how the green paper could affect enterprises they have set up. The document said “local authorities should deliver new affordable housing through their Housing Revenue Account (HRA)” unless they have transferred their stock or the HRA cannot sustain new development. It added that where housing companies are delivering and retaining affordable housing, ministers “would expect them to offer an opportunity for tenants to become homeowners”. Read more on Inside Housing.

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