Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Housing, Communities and Local Government, what assessment he has made of whether the decision in Budget 2020 to increase funding for cladding remediation is compliant with the public accounting rules as set out in Managing Public Money.
On 11 March 2020 the Chancellor of the Exchequer announced a £1bn Building Safety Fund to support residential building safety remediation in the private and social sector. The fund will support building owners and landlords who are unable to meet the costs of unsafe non-ACM cladding remediation in buildings over 18 metres.
The scheme has only just been announced and we are currently assessing it in detail, prior to launch, to determine its compliance with the public accounting rules as set out in Managing Public Money.