For most stock-holding councils, the Housing Revenue Account (HRA) has always seemed to get less attention than its General Fund sibling. But things seem to be changing.
There’s a renewed focus on levelling up social housing. This month marks the launch of a new preferential Public Works Loan Board rate and enhanced Right to Buy receipt flexibility. So, more councils will be considering how to take advantage of these to catapult housing delivery – gearing up, taking on interest payments and using up capital receipts.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login
