Consultation outcome

The recovery of capital grant: proposals to change the grant recovery requirements

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

This consultation has concluded

Download the full outcome

The recovery of capital grants and recycled capital grant fund general determination 2015

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Summary of consultation responses received

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Calculations for uplift amount

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Detail of outcome

Following the consultation the revised determination makes it possible for all registered providers to recycle capital grant from 1 April 2015 and to receive grant funded stock without this being a trigger for recycling on the part of the transferring registered provider.

The consultation responses document summarises the feedback to each of the seven questions posed in the consultation and sets out the agency’s response to each in turn.

The calculations for uplift amount guidance provides a set of calculations for determining the recycling of grant plus uplift amount to be used by profit making providers when recycling or repaying capital grant.

Original consultation

Summary

This consultation seeks views on the proposed changes to the Recovery of Capital Grant and Recycled Capital Grant Fund Determination 2012.

This consultation ran from
to

Consultation description

The principles governing grant recovery and recycling are set out in The Recovery of Capital Grants and Recycled Capital Grant Fund General Determination 2012.

Under the current determination only registered providers who were formerly registered social landlords are able to transfer and receive grant funded stock and recycle historical grant.

This consultation sets out the government’s intention to change the grant recovery requirements for registered providers.

Documents

Published 29 January 2015
Last updated 26 March 2015 + show all updates
  1. Consultation reponse added
  2. First published.