'Nervousness' over lack of detail in figures
A last-minute loss of nerve by the Deputy Prime Minister means the sector is still in the dark about exactly how the Chancellor's spending bonanza is to be shared out.
Figures on how much money would be ploughed into affordable housing and the market renewal fund are understood to have been prepared, but were pulled before John Prescott addressed the Commons last week.
However Inside Housing understands that the market renewal fund could benefit from 'quite a bit more' than the rumoured £500 million over next three years.
In his post-spending review statement, Mr Prescott announced that 200,000 homes would be built over 15 years in four south-eastern growth areas to help reduce spiralling housing prices.
‘Until the numbers are on the cheque there will
always be that little bit of nervousness'
Mr Prescott said at a press conference that he would reveal more at the launch of an action plan later in the year.
'We will come back in a few months when we have looked at how we put the bits and pieces together,' he said. 'We don't want to come up with figures now only so you can say what's happened to them.'
Steven Fyfe, link officer for the North West Housing Forum, said: 'It's good to see that ministers have listened to our case and seem to have given us a good response.'
But he said the delay in announcing the actual size of the fund could make it difficult for pathfinder areas to plan ahead.
'Until the numbers are on the cheque there will always be that little bit of nervousness,' he said.
Gwyneth Taylor, programme manager at the Local Government Association, said: 'Local authorities will be able to plan on the basis that there will be additional resources, but we will have to wait until the autumn for the global figures.
'The global figures would be nice to know but all local authorities really want to know is how it will affect them.'
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