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Social housing gets £3bn boost

Housing minister Yvette Cooper has unveiled a £3 billion funding package to bring social housing to a decent standard for tenants.
The package will cover revamping 125,000 properties and building 1,400 new social rented homes. Of the £3 billion, £1.8 billion will come from the private sector.

Speaking at the Chartered Institute of Housing's annual conference in Harrogate, Ms Cooper said the Government was committed to improving housing and building new homes for the next generation.

She said: 'We have seen £21 billion invested since 1997 refurbishing old council housing, transforming the lives of tenants. The number of non-decent homes has dropped by one million as a result. This announcement of £3 billion will help 125,000 more families get a decent home.'

As part of the Decent Homes drive, the minister announced 61 schemes, involving 34 local authorities that will ensure social rented homes meet minimum standards of decency, and boost provision of new social rented homes.

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