Guidance

Local Growth Fund: housing revenue account borrowing programme (2015 to 2016 and 2016 to 2017)

Detail of how local authorities can bid for additional borrowing for new affordable housing.

• From: Ministry of Housing, Communities & Local Government (2018 to 2021)
• Published: 7 April 2014
• Last updated: 23 December 2014 — See all updates

Applies to England

Documents

Housing revenue account borrowing programme: prospectus

Ref: ISBN 9781409841982

PDF, 233 KB, 26 pages

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Application for the Secretary of State’s consent to dispose of land or property under section 25 of the Local Government Act 1988

MS Word Document, 22.9 KB

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Housing revenue account borrowing programme (2015 to 2016 and 2016 to 2017): frequently asked questions

Ref: ISBN 9781409842170

PDF, 171 KB, 8 pages

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Housing revenue account borrowing programme allocations: round 1

MS Excel Spreadsheet, 17 KB

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Housing revenue account borrowing programme allocations: round 2

PDF, 22.6 KB, 2 pages

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Details

The housing revenue account borrowing programme makes available an additional £300 million borrowing for 10,000 new affordable homes over 2015 to 2016 and 2016 to 2017. This was announced in the 2013 Autumn Statement as part of the Local Growth Fund and is available to local authorities who have a proposal agreed by their local enterprise partnership.

This prospectus sets out the detail of how local authorities can bid for additional borrowing and sets out the process and timetable for submitting bids.

The application form sets out information a local authority should provide when applying for the Secretary of State’s consent under Section 25 of the Local Government Act 1988.

The frequently asked questions document has been compiled to help local authorities that are interested in bidding for additional borrowing under the housing revenue account borrowing programme.

Published 7 April 2014
Last updated 23 December 2014 + show all updates

1. 23 December 2014

   Added round 2 allocations.

2. 9 October 2014

   Updated list of allocations for the housing revenue account borrowing programme.

3. 21 July 2014

   Added updated frequently asked questions document.

4. 7 July 2014

   Added - Housing revenue account borrowing programme: allocations spreadsheet.

5. 6 May 2014

   Added 'Local Growth Fund: housing revenue account borrowing programme (2015 to 2016 and 2016 to 2017): frequently asked questions'

6. 7 April 2014

   Form replaced with correct download.

7. 7 April 2014

   First published.