BRUM MAY LOSE £100 MILLION IN HOUSNG GRANTS
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?