Spend­ing cuts to hit so­cial hous­ing

Yorkshire Post - Property - - PROPERTY -

The Com­pre­hen­sive Spend­ing Re­view brought mixed re­ac­tions from prop­erty pro­fes­sion­als.

So­cial hous­ing suf­fers most with bud­gets cut by 50 per cent and a scrap­ping of the coun­cil houses for life pol­icy for new ten­ants.

Ten­ants will be charged nearer the go­ing mar­ket rate for rents, to raise cash for 150,000 af­ford­able rented homes.

Char­tered In­sti­tute of Hous­ing chief ex­ec­u­tive Sarah Webb says: “Al­though we are pleased to see spend­ing held for the Sup­ported Peo­ple pro­gramme, Dis­abled Fa­cil­i­ties Grant and home­less­ness ser­vices, the cut to the new build­ing pro­gramme down to £4.4bn over four years – will have a ma­jor im­pact.”

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