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Housing: Finance

Communities and Local Government written question – answered on 24th November 2011.

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Photo of Hilary Benn Hilary Benn Shadow Secretary of State for Communities and Local Government

To ask the Secretary of State for Communities and Local Government what proportion of the receipts from local authority housing sales he expects will go to local authorities to help them build new houses.

Photo of Andrew Stunell Andrew Stunell The Parliamentary Under-Secretary for Communities and Local Government

The Government will consult shortly on how receipts arising from additional homes sold under the right to buy will be used to fund new affordable homes.

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