Lord Greaves: To
ask Her Majesty's Government whether local housing authorities that divested
themselves of their council housing stocks in the past and closed their housing
revenue accounts (HRAs) are able to set up new HRAs and build new council
housing under their new proposals for lifting the cap on local authority
borrowing for such purposes or otherwise.
Lord Bourne of
Aberystwyth: Yes. All local housing authorities (LHA) retain the power to
provide housing under Part II of the Housing Act 1985. Where they do they are
under a duty to account for this in a Housing Revenue Account by section 74 of
the Local Government and Housing Act 1989, unless that requirement is
disapplied by direction by the Secretary of State – which may be considered
appropriate if the LHA only has limited housing stock.
http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Lords/2018-10-09/HL10483
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