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Housing Today
Trusted media brand of the Chartered Institute of Housing
Two-thirds of councils at risk of failing to balance housing budgets by 2029/30, survey finds
Meanwhile, 71% of surveyed councils expect to cancel, pause or delay housing schemes to balance figures by decade-end
Research conducted by Southwark Council found that 67% of surveyed local authorities report a risk they will be unable to present a balanced Housing Revenue Account (HRA) budget for the 2029/30 financial year.
The report published today indicated the actions that councils have already had to take to get their finances back on track as well as potential future measures.
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