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ARCH annual report

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The ARCH annual report for 2015-16 is now available to view.

 

Download it here.

ARCH calls for government to lift borrowing cap 12/03/2013

ARCH has joined with a coalition of councils, housing associations, developers, professional bodies and academics, to call for an end to the artificial cap on council borrowing that, if lifted could allow councils to build up to 60,000 new affordable homes.

 

It points out that building 60,000 homes would add 0.6 per cent to gross domestic product and create 19,200 jobs. For every £1 invested by the public sector in construction, 56p returns to the exchequer.

 

Peers are today debating an amendment to the Growth and Infrastructure Bill that would remove the the cap on local authority housing debt.


Read the letter in full

 

Last year ARCH, together with four other leading UK housing organisations, published 'Let's Get Building' which urges the government to adopt internationally recognised rules to measure government borrowing, which would acknowledge that extra investment for council housing would not count towards government borrowing levels because it is paid for through future rent income.

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ARCH Member Comments 1 people like this

  • Jim Nicholl, Birmingham City Council - 19 March 2013

    Rod, Many thanks, it make for interesting reading.
    Jim

  • Rod Webb, HouseMark - 18 March 2013

    Hi Jim - sorry for any inconvenience. We've amended the link to the letter so you can read it in full. The FT website requires registration details.

  • Jim Nicholl, Birmingham City Council - 12 March 2013

    I would likie to read the letter but cannot open it. I am directed to the F.T index?

Housemark