A Bill to replace the current regime of limits on local housing authorities’ debt with limits determined by the existing prudential regime for local authority borrowing for non-housing-related purposes
House of Lords
10 September 2019
The Local Housing Authority Debt Bill would replace the current limits on how much debt local housing authorities can take on with the limits set by the general prudential borrowing regime used by local authorities for non-housing purposes. It aligns housing debt rules with the wider council borrowing framework, while keeping safeguards on risk and affordability. The aim is to simplify the rules and bring consistency to local government borrowing.
Currently at the second reading stage in the House of Lords; will proceed to committee stage and further readings in due course.
Generated 21 February 2026
First reading took place on 4 July. This stage is a formality that signals the start of the Bill's journey through the Lords.
The 2017-2019 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
