Housing Revenue Accounts
Commons · Question 10194 · Tabled 21 Oct 2024 · Ministry of Housing, Communities and Local Government · Official record
Answered 28 Oct 2024
Question
Asked by Paul Davies
To ask the Secretary of State for Housing, Communities and Local Government, what steps her Department is taking to help ensure that the Housing Revenue Account reflects the potential benefits for the council’s own tenants.
Answer
Answered by Matthew Pennycook, 28 Oct 2024
The Housing Revenue Account (HRA) is a ring-fenced accounting mechanism within the General Fund. The ring-fence ensures that the income from tenants’ rents is only spent on the upkeep and management of local authority tenants’ homes and protects them from...