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Capital receipts: investment for the future
 — Age Concern's comments on the consultation paper on proposals for implementing the Government's capital receipts initiative
Corporate AuthorAge Concern England - ACE
PublisherAge Concern England, London, July 1997
Pages6 pp (Briefings, ref: 1597)
SourceAge Concern England, Astral House, 1268 London Road, London SW16 4ER.
KeywordsLocal Authority Housing ; Improvement ; Heating systems ; Sheltered housing ; Public expenditure.
AnnotationLocal authorities should be required to consider the needs of their older residents in drawing up strategies for the use of capital receipts (which were obtained from the sale of council housing). Government will have to address how it will fund the increased need for health and social care expenditure which an ageing population is likely to require. Age Concern England (ACE) sees that one significant way of doing this, is to take measures now to minimise potential costs in these areas, by recognising the central importance of housing to health and community care strategies. Capital receipts money invested in improving the accessibility and condition of housing could have a significant impact in the future in enabling older people to live independently and healthily for longer. Other ways in which receipts could be used include: energy efficiency work; expenditure on adaptations to enable people to live independently in their own homes; and redeveloping sheltered housing so that it can provide a `home for life'. (RH).
Accession NumberCPA-980629202 P
ClassmarkKJA: 5ST: YF: KLA: WN8 *

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