- Reference: 2015/2679
- Question by: Darren Johnson
- Meeting date: 16 September 2015
In MD 1528 you decided to transfer the remaining £10,422,400 of Right to Buy receipts, with interest, and the estimated £15m to be received in 2015-16, to be transferred to your Housing Covenant budget for allocation to affordable housing schemes. Can you confirm that this money will achieve a like-for-like replacement of the homes sold through Right to Buy, from which the receipts were gained?