Lord Kennedy of Southwark – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Lord Kennedy of Southwark on 2016-04-26.

To ask Her Majesty’s Government what plans they have to boost the co-operative housing sector in England.

Baroness Williams of Trafford

We recognise the significant role Housing Co-Operatives can play in delivering locally led housing development. The Government continues to be supportive of Housing Co-Operatives, because we want to see communities more in control of decisions that affect them. The March Budget confirmed £60 million a year from additional receipts from higher stamp duty rates on additional residential properties will be redirected into rural and coastal areas for community supported housing.