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 2016-03-17.
To ask Her Majesty’s Government what is the level of subsidy from the public purse provided for council housing.
Baroness Williams of Trafford
Local housing authorities do not receive subsidy from the Exchequer; the Localism Act 2011 abolished Housing Revenue Account Subsidy.
The Housing Revenue Account Self-Financing Determinations published in 2012 provided a once and for all settlement that allows local housing authorities in England to keep all their rental income in return for a rebalancing of housing debt.