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<p>A review of the standard method formula was undertaken in 2020. As part of the
consultation, we asked if we should incorporate more recent household projections
data into the formula. Following careful consideration of the responses received,
to provide stability and certainty for local authorities and other stakeholders we
decided to retain the existing formula.</p><p>We have kept the standard method under
review. Through a consultation on changes to national policy held in 2022/23 we committed
to review our approach to assessing housing needs once new household projections data,
based on the 2021 Census, is released in 2025.</p>
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