How could a housing association spend more than the Council without increasing rents above council levels?
The Council has to pay £9m of tenants’ rents each year to central government, which is then redistributed to areas of the country considered in more need. This is around half of all tenants’ rent money. Bracknell Forest Homes will be able to keep all of the rent each year. That will fund the borrowing to: purchase the housing stock from the Council; introduce improvements to the housing management service; and improve all tenants’ homes to a new standard (the Bracknell Forest Standard) which exceeds the Government’s basic Decent Homes Standard.
Related Questions
- I rent my home from a Housing Association and have problems getting repairs done. Can the Council help me resolve the problem?
- How could a housing association spend more than the Council without increasing rents above council levels?
- What if Im a council or housing association tenant and the problem is with my neighbours kids?
