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Housing Revenue Accounts

Volume 495: debated on Friday 3 July 2009

To ask the Secretary of State for Communities and Local Government what provision for redistribution mechanisms has been made in changes to the Housing Revenue Account system proposed by his Department. (284238)

On Tuesday, my right hon. Friend the Minister for Housing announced in the House that he intended to publish a consultation document before summer recess on reform of council housing finance. The document will set out proposals for a devolved system of responsibility and funding which removes the need to redistribute revenue nationally, in exchange for a one-off redistribution of housing debt.