This is a time of significant change in local authority housing finance. Self-financing was introduced in April 2012; there is a shortage of capital resources; there are new challenges to deliver new build and other outcomes with minimal funding; reforms to the welfare system; the new initiative of Right to Buy; the Welfare Reform and Work Bill reducing rents by 1% a year for the next four years and the Housing & Planning Bill introducing an obligation to consider the sale of high value council homes and near market rents for tenants on high incomes.

The book addresses the following questions:

·         How does the Housing Revenue Account work?

·         How does the Housing General Fund work?

·         How does the Housing Capital Programme work?

·         What are the Financial Opportunities and Threats for Local Authority Housing following the government’s reforms?

The book is designed for people who are not experts in housing finance, but who need to understand the basics and achieve an overview of what is going on. It is suitable for councillors, housing managers, tenant representatives, finance staff who have limited experience of local authority housing finance and others who realise that an understanding of housing finance can place them at an advantage!