The pledge was given by environment minister Lord Whitty, replying to a lords debate yesterday on the recently published English House Condition Survey for 1996.
Substantial investment in renovovation of the local authority stock was key to future housing policy. The government had already acted to improve the condition of housing stock and would make available an additional£5bn for investment in housing over the lifetime of this parliament.
He added: 'Most of this money is being routed through local authorities, who are expected to direct resources mainly, but not exclusively, towards improving their own local authority stock. The resources made available last year and this through our capital receipts initiative are already delivering improvements to around 300,000 homes. We expect improvements to be delivered in a further 1.5 million council homes over the next three years....However, they will also have scope to invest in renovating the private-rented sector and owner-occupied sectors or in the provision of new social housing, where that reflects their own local housing priorities'.