Tuesday, 26 January 2021

Pandemic Blows £227m Hole In HRA Finances

Statistics on how English local authorities finances have been hit because of the pandemic show that HRAs lost a combined £165.8m in income between April and December 2020, with the majority of this coming through rent arrears. Over the same period, the crisis meant they had to fork out an extra £61.8m on things such as PPE and additional workforce costs. Unlike for other council services run through the General Fund, there has been no direct government support for HRAs to help deal with the impacts of coronavirus. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/pandemic-blows-227m-hole-in-hra-finances-69288?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60 

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