BRUM MAY LOSE £100 MILLION IN HOUSNG GRANTS

Posted on August 15, 2008. Filed under: Housing News |

The government have allocated Birmingham £130m in grants to help Housing Associations build new homes for social rent. Of this only £30m has been given out leaving £100m unused.

As with any grant if it isn’t used it wil be lost to housing projects in other parts of the country.

Grants of around  £50,000 per property are presently being allocated so £100m would build 2,000 plus new homes over the next 3 years.

With more than 30,000 on the council’s waiting list why won’t the council release land to the Housing Associations so they can build much needed new homes for social rent?

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