The government is to consider scrapping the Homes and Communities Agency (HCA).
In a written statement published today, housing minister Brandon Lewis said the government will launch a review which would “examine the continuing need for a non-departmental public body”.
It follows a tranche of government measures that will significantly water down the regulatory power of the HCA over housing associations and devolve investment powers to combined authorities.
The review will cover how the agency’s functions contribute to government objectives, whether each function and the body is still required, and “the best future delivery options”.
It also will examine how the HCA can make more savings and will look at whether its governance and management arrangements “are sufficiently robust”.
Ministers will be calling for evidence from housing associations and the HCA itself.