Green refit will put us £10bn in the red

Vast clean heat funding black hole predicted

- DAN VEVERS

HOUSING associations face a £10BILLION net zero funding black hole in their efforts to decarbonise council homes, it has been warned.

The Scottish Federation of Housing Associations revealed the figure in a new report on the costs of replacing gas boilers with clean heat sources.

The group says social tenants could face annual rent increases £500 above inflation if the cost of retrofitting social homes is passed on to housing associations.