“If she will make an assessment of the adequacy of the funding model for the repair of council housing stock.”
Asked by
Will Stone
Answering Minister
the Secretary of State for Housing, Communities and Local Government
Answer from Hansard
The Minister for Housing and Planning (Matthew Pennycook)
The Government recognise the strain placed on housing revenue accounts as a result of changes in rent policy, inflationary pressures and increased costs associated with investing in existing stock. The principle of self-financing remains the right one, but we are committed to working with councils to overcome the pressures on their HRAs so that they can invest in new and existing stock.