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United Kingdom · Question · Written question

UIN 179864

Affordable Housing: Sales

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 April 2023

Last action

24 April 2023 · Answer

Status

Answered

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Subjects

Housing

Source updated

24 April 2023

Housing

Summary

To ask the Secretary of State for Levelling Up, Housing and Communities, whether he will make an assessment of the potential merits of preventing the general sale of Affordable Housing at a discount to the open market valuation price without the impositio

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Timeline

  1. 14 April 2023

    Written question

    To ask the Secretary of State for Levelling Up, Housing and Communities, whether he will make an assessment of the potential merits of preventing the general sale of Affordable Housing at a discount to the open market valuation price without the impositio

    Source: Commons

  2. 24 April 2023

    Answer

    If Registered Providers (RPs) sell homes that have been grant funded as affordable housing on the open market then the agencies who provided the funding can recover that grant. Those agencies can require the RPs to reinvest money in new affordable housing...

    Source: Written answer

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