
The social housing budget in England is to be cut by more than 50%, the BBC understands.
Council housing “for life” will also be phased out, with the needs of new council tenants assessed over time.
Despite the cuts, ministers are likely to set a target of building 150,000 affordable homes, changing the way councils charge rent to finance them.
Tenants will be charged nearer the going market rate, to release cash for the building programme.
This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.