Social Rented Housing: Construction

(asked on 10th October 2018) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty's Government how many more homes for social rent they expect to be built following the announcement by the Prime Minister on lifting the borrowing cap for local authorities.


This question was answered on 22nd October 2018

It is for each local authority to determine the tenure of the homes that they build in the Housing Revenue Account. Although we have not estimated the number of homes for social rent that will be built with the removal of the Housing Revenue Account borrowing cap, early estimations suggest that the removal of the cap will enable local authorities to build up to 10,000 council homes per year in the short term. There is potential for ambitious council to go further over time, to provide even more homes for people in need.

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