We have listened to local authorities who asked for additional borrowing to deliver more housing. We recently announced that we will raise the Housing Revenue Account borrowing cap by a total of up to £1 billion in areas of high affordability pressure, for local authorities who are ready to start building new homes. Local authorities will be able to bid for increases in their caps from 2019-20 to 2021-22.<\/p>
We have also announced that we are providing an additional £2 billion, taking the affordable homes programme 2016-21 to £9 billion overall. This is to deliver more affordable housing for social rent in areas of acute affordability pressure, for which local authorities will be able to bid.<\/p>
Additionally, we are supporting local authorities to build more homes through a longer term rent deal that provides a stable investment environment.<\/p>
Together these measures will help to deliver the new generation of council house building that the Prime Minister announced recently.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4282", "label" : {"_value" : "Biography information for Lord Bourne of Aberystwyth"} } , "answeringMemberPrinted" : {"_value" : "Lord Bourne of Aberystwyth"} , "dateOfAnswer" : {"_value" : "2018-01-30", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-01-30T16:26:37.397Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "7"} , "answeringDeptShortName" : {"_value" : "Housing, Communities and Local Government"} , "answeringDeptSortName" : {"_value" : "Housing, Communities and Local Government"} , "date" : {"_value" : "2018-01-17", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Affordable Housing: Construction"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government what methods they are using to enable Local Housing Authorities to multiply their annual production of affordable dwellings.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/2018", "label" : {"_value" : "Biography information for Lord Hylton"} } , "tablingMemberPrinted" : [{"_value" : "Lord Hylton"} ], "uin" : "HL4820"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }