Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Communities and Local Government, whether the Government plans to raise the limit on the amount which local authorities can borrow in order to invest in building new homes.
There are no plans to raise or remove the borrowing caps on local authorities' housing revenue accounts.
Local Housing Authorities across England have £3.4 billion borrowing head room and almost £2.5 billion in housing revenue account reserves.