Report by Commons Committee of Public Accounts Oct 2012

This committee has published a report on the financial viability of the social housing sector - introducing the Affordable Homes Programme.  Whilst the committee welcomed the 80,000 homes due to be built under the programme it expressed serious concerns about the impact of financing the scheme partly on account of -

  • the effect higher rents will have on the housing benefit bill, and
  • the affordability of the properties for tenants.
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