Last year was a good one for social housing. That’s not something that’s been said much in recent times.
Scrapping the cap was not the only win we secured for the sector over the party conference season.
The LGA secured a huge political win this month, when the Prime Minister announced the full lifting of the Housing Revenue Account Borrowing Cap at the Conservative Party Conference.
Central and local government should be able to capture more of the increase in the value of land that occurs when planning permission is granted, to help pay for new local infrastructure and affordable housing.