9. What steps he has taken to enable social housing managers to provide new housing.
The coalition Government’s reforms of council housing finance have given local authorities direct control of their rental income. That has given them the freedom to borrow nearly £30 billion, of which £2.8 billion remains available to use for new housing.
The Minister and his colleagues know how keen I am to help restructure Gloucester’s social housing arm’s length management organisation, Gloucester City Homes, which is one of The Sunday Times top 100 employers, so that it can play a significant role in providing homes in Gloucester without adding to the public sector borrowing requirement. My hon. Friend the Minister for Housing sees the importance of that to Gloucester’s growth and regeneration. Will he agree to see me before the Easter recess to discuss where the talks have got to and how we can make things happen?
My hon. Friend is right to give huge praise to Gloucester City Homes, which is an excellent arm’s length management organisation. I congratulate him on the pressure he is putting on my Department to ensure that we bring forward as quickly as possible a new scheme to support housing transfers. While the Minister for Housing will be keen to meet him beforehand, I am sure that we will make an announcement later in the spring.