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LABOUR GOVERNMENT FAILS LOCAL TENANTS: LGA TORIES

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Fiona Chapman, Conservative housing spokeswoman for the Local ...
Fiona Chapman, Conservative housing spokeswoman for the Local

Government Association, has criticised mismanagement by the government that has cut£70m from planned housing expenditure.

She said: 'The Labour government has made local authority housing pay for DETR's inability to keep within its own budgets. Government spending on housing in 1998/99 will be cut by£70m compared to previous plans.

'By taking $30m from the Estates Renewal Challenge Fund, tenants

in our worst council estates will be denied help. The further cut in credit approvals has shown the Capital Receipt Initiative is no better than an accounting exercise. As the LGA says (circular 482/97) 'the

Capital Receipt Initiative has done little more than stabilise overall housing investment'.

'These latest changes mean that the Housing Investment Programme is cut by 12.5 per cent next year', Cllr Chapman said.

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