Housing Market

Part of Oral Answers to Questions — Communities and Local Government – in the House of Commons at 12:00 am on 24 April 2017.

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Photo of Sajid Javid Sajid Javid The Secretary of State for Communities and Local Government 12:00, 24 April 2017

Yes, I do agree with my hon. Friend. It is an excellent point. Housing associations currently account for roughly a third of total housing supply, and we do want a situation in which they can borrow even more against that future income to build even more homes. That is something that it is in the housing white paper, and we intend to build on it.

White Paper

A document issued by the Government laying out its policy, or proposed policy, on a topic of current concern.Although a white paper may occasion consultation as to the details of new legislation, it does signify a clear intention on the part of a government to pass new law. This is a contrast with green papers, which are issued less frequently, are more open-ended and may merely propose a strategy to be implemented in the details of other legislation.

More from wikipedia here: http://en.wikipedia.org/wiki/White_paper