Housing Capital Programmes in English Local Authorities

Briefing Paper

English Local Authorities have extensive housing capital programmes providing major repairs and improvements to existing council housing, new council housing, support to housing associations and investment in strategic housing services.

This briefing paper provides an overview of housing capital programmes in English local authorities and includes reference to:

• What is Capital expenditure?
• Housing Revenue Account Capital Programme - An Example
• The Financing of Housing Capital Expenditure
• Major Repairs
• The 2003 Local Government Act and Prudential Borrowing
• The Prudential Code
• Capital Receipts
• Revenue Contributions to Capital Outlay
• Government Grants
• The Decent Homes Standard and Capital Resources
• Capital Funding
• New Build
• Borrowing and Self-Financing

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