 |
 |
| Review of Council Housing Finance by Communities & Local Government and HM Treasury |
|
Officials from HM Treasury and Communities and Local Government are undertaking a fundamental review of the Housing Revenue Account Subsidy system.
The review was first announced by Yvette Cooper, then Minister for Housing and Planning, at a joint Chartered Institute of Housing / Housing Corporation event on 12th December 2007. It was formally launched on 10th March 2008 by Yvette Cooper, Chief Secretary to the Treasury, and Caroline Flint, Minister for Housing and Planning. It will build on the work of the pilots that have already been conducted with six local authorities which looked at the costs and benefits of councils operating outside the Housing Revenue Account subsidy system. The review is expected to report to Ministers in spring 2009. Adrian Waite has been appointed a member of the workshop on mechanisms for delivering funding. Being involved in the Review in this way does come with some responsibilities. Individuals are being requested to support the work of the review by providing evidence, writing papers, conducting research or other activity. Copies of papers prepared by Adrian Waite can be downloaded from this website. However, it should be noted that the working parties are engaged in ‘blue skies’ thinking and that options that are considered in the papers are not necessarily advocated by Adrian Waite or ‘AWICS’ and are not necessarily favoured by Communities & Local Government or HM Treasury. For a summary of the work of the review click here For Adrian Waite’s initial observations on the review click here For Adrian Waite’s report on the Implications of housing Revenue Accounts paying a return on taxpayers’ investment click here For the Appendix to the report click here AWICS is holding a series of seminars on ‘Developments in Local Authority Finance in England’ that will refer to this study. Further details about the seminars can be found on our website here AWICS is also holding a series of seminars on ‘Implementing the Housing and Regeneration Act 2008’ that will refer to this study. Further details about the seminars can be found on our website here The Chartered Institute of Housing has established a website dedicated to the review of the Housing Revenue Account that can be accessed at: http://moodle20.cih.co.uk. Communities & Local Government have established a section on their website dedicated to the Housing Revenue Account Subsidy Review that can be accessed at: http://www.communities.gov.uk/housing/decenthomes/councilhousingfinance/housingfinancereview |
|
Appleby Business Centre, Bridge Street, Appleby
in Westmorland, Cumbria. CA16 6QH.
Tel: 017683 52347 or 54005, Mobile: 07971 321863, Fax: 017683 54005 |
 |
|
|
Registered in England at the address above. Company number 3713554 © Copyright AWICS 2004
|