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Housing Today
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North London council faced with £1.8bn HRA funding gap
Islington set to focus solely on essential building safety work for next two years as it warns of potential “deterioration” of homes
The percentage of non-decent homes in Islington could increase fivefold over the next ten years if the council is unable to close a funding gap in its Housing Revenue Account (HRA).
The north London council’s HRA is under significant pressure, according to a principal risk report submitted to its audit and risk committee this week.
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