Councils Call On Government To Go Further With HRA Funding Freedoms

Councils are calling on the government to go further after a senior official revealed a long-awaited £1bn fund can be combined with Right to Buy receipts and grant. Rebecca Shrubsole, a senior official in the Ministry of Housing, Communities and Local Government, said the new Housing Revenue Account (HRA) borrowing programme announced in the Autumn Budget will be free of the “restrictions” of the last HRA programme in 2012, which was quietly wound down after £220m was allocated to build just 3,000 of the 10,000-home target. Read more on Inside Housing.

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