This paper summarises the award of decent homes funding to local authorities that was announced in March 2011.
Housing Minister Grant Shapps and the Coalition Government have stated (as have previous administrations) that decent homes are an essential part of creating thriving and sustainable communities and are vital for the health and wellbeing of those living in them.
In 1997 there were 2.1 million houses owned by local authorities and housing associations that did not meet the Decent Homes Standard. By the end of 2010, 92% of social housing met the Decent Homes Standard of being warm and weatherproof with reasonably modern facilities.
The 2010 Spending Review settlement published on 20th October 2010, included the announcement of £2.1billion capital funding from 2011/12 to help deliver Decent Homes. Of this, £1.6billion was made available to Local Authority landlords (including those with stock managed by Arms-Length Management Organisations) to help tackle the backlog of homes that are not meeting the Decent Homes Standard, with the remaining £500million available to ‘gap’ fund existing stock transfers. This is less than the £8.9billion envisaged in the consultation paper issued by the previous government in July 2009.
For the full briefing paper please click HERE
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