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DCN responds to social housing investment announcement

Responding to an announcement by Government of £1.67 billion to build affordable homes and a £1 billion increase in the housing borrowing cap, Cllr Mark Crane, DCN Lead for Stronger Economies, said:

“If the housing cap was lifted completely this would allow district councils to build the houses this country needs. Whilst the additional £1 billion flexibility is a welcome first step, we are disappointed only half of this will be available to district areas where housing demand is very high. In addition, there must be extra borrowing flexibilities for those non-stockholding authorities councils without an HRA.

“The DCN welcomes the separate announcement in relation to additional affordable homes for rent. This funding must focus on supporting district areas where demand for affordable homes is high.”

 

ENDS

District Councils’ Network media office, 020 7664 3333

 


 

 

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