Social Rented Housing

Ministry of Housing, Communities and Local Government written question – answered at on 6 July 2018.

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Photo of Catherine McKinnell Catherine McKinnell Labour, Newcastle upon Tyne North

To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 19 June 2018 to Question 152765 on Social Rented Housing, what other sources of local authority borrowing used for the purpose of the provision of housing there are aside from (a) the European Investment Bank and (b) Public Works Loan Board.

Photo of Dominic Raab Dominic Raab Minister of State (Housing, Communities and Local Government)

Primary legislation gives local authorities the power to borrow in sterling, from any lender, without prior government consent, subject only to assuring themselves that their borrowing is affordable.

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