Government review into councils' housing spending welcomed by ALMOs
Published by Anonymous for 24dash.com in Housing and also in Central Government, Development, Local Government
ALMOs look to self-financing to safeguard future
The National Federation of ALMOs has welcomed the government’s decision to launch an independent review into the role councils can play in meeting the housing needs of their residents.
The NFA’s 2015 election manifesto calls for all political parties to allow further investment in building new council properties to help meet the rising demand for decent social housing across the country.
It supports earlier calls by the NFA for £7 billion to be invested over five years to enable 60,000 new homes to be built.
NFA policy director Chloe Fletcher said: “The government now acknowledges what we have stated for sometime, that not enough action is being taken to address the severe shortage of affordable housing.
“We hope this review will go some way towards identifying the opportunities that a newly self-financed council housing sector has to build new homes and meet the needs of local residents for affordable homes. The NFA will continue to campaign for greater financial freedom for local authorities and councils.”
The NFA represents 47 not for profit housing organisations across England.