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Housing: Long-Term Plan

Part of the debate – in the House of Commons at 4:06 pm on 9th February 2016.

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Photo of Tom Brake Tom Brake Liberal Democrat Spokesperson (Foreign Affairs), Liberal Democrat Chief Whip, Liberal Democrat Shadow Leader of the House of Commons 4:06 pm, 9th February 2016

May I update my hon. Friend on the conversation I had with a local housing association? It had put in place investment plans to build new homes, but all of a sudden those plans have been blown apart because their income is going to fall as a result of the rent cut. It therefore has to readjust its investment plans downwards.