Affordable homes funding slashed

MORE than £14million planned to be spent on developing affordable housing in the district is to be ploughed into 'more pressing' priorities such as road repairs. North Somerset Council received £22million when it sold off its housing stock last year, sayi

MORE than £14million planned to be spent on developing affordable housing in the district is to be ploughed into 'more pressing' priorities such as road repairs.North Somerset Council received £22million when it sold off its housing stock last year, saying it would spend the cash on creating affordable homesBut that figure is set to be slashed back to £8million as the new Conservative administration at Weston Town Hall wants to spend the remaining £14million on other things. It plans to inject £500,000 into tackling the backlog of vital road repairs, with more investment in highways soon to follow.The proposal will be rubber-stamped at a public meeting on Tuesday in the Town Hall and the authority will decide what to spend the £14million on during the autumn.The Tories say the authority originally expected to get just £8million when it sold off its council houses, and believes that should be the amount it now spends on developing affordable housing.


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