is to deliver its ten-year target to address the backlog of disrepair in
bridge the gap between the current government spending plans and the
investment needed for improvements.
Research commissioned by the Chartered Institute of Housing and carried out
by Graham Moody Associates shows that, providing investment continues at the
levels already indicated for 2003/04 in the last spending review, the
government's target can be met.
Chartered Institute of Housing policy director John Perry said:
'The latest calculation shows how vital transfer is to the government's
plans. Unless at least another million homes are transferred the target
can't be met without a big increase in public spending. Not only is the
Government banking on transfers taking place, they must happen quickly
enough that tenants can benefit from the resultant improvements before the
government's own deadline expires.'