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<p>Estimates of the total benefit savings due to the reductions in social rent announced
in the 2015 Summer Budget were presented in the associated policy costings publication.</p><br
/><p>The rent reduction will apply to both council housing and housing associations,
and the estimated savings include Housing Benefit and Universal Credit.</p><br /><p>The
table below shows the amount of the total benefit savings which relates to Local Authority
tenancies. This includes both Housing Benefit and Universal Credit.</p><br /><p><strong>Estimated
reduction in benefit payments to Local Authority tenants, £millions, cash terms</strong></p><br
/><table><tbody><tr><td><p><br></p></td><td><p>2016/17</p></td><td><p>2017/18</p></td><td><p>2018/19</p></td><td><p>2019/20</p></td><td><p>2020/21</p></td></tr><tr><td><p>Benefit
savings relating to Local Authority tenancies</p></td><td><p>95</p></td><td><p>260</p></td><td><p>460</p></td><td><p>670</p></td><td><p>690</p></td></tr></tbody></table><br
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