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  Housing and Planning Bill - Clause 61 - Requiement for Housing Associations to Replace Homes With Proceeds of Right to Buy Sales
  
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  @ MP voted aye to require Housing Associations selling property under the right to buy scheme to reinvest the proceeds in at least one replacement affordable home.
  @ MP voted no against requiring Housing Associations selling property under the right to buy scheme to reinvest the proceeds in at least one replacement affordable home.
  
  The majority of MPs voted against requiring Housing Associations selling property under the right to buy scheme to reinvest the proceeds (the sale price and the public grant covering the discount) in at least one replacement affordable home. 
  
  MPs were considering the Housing and Planning Bill[1]
  
  The amendment rejected in this vote was:
  
  :Amendment 89, page 27, line 25, at end insertâ
  
  :â(2A) The conditions at subsection (2) must include a condition that money equivalent to the market value (disregarding any discount) of a dwelling sold under right to buy and to which the grant applies is spent by the private registered provider on the provision of affordable housing in the same local authority area or London, including at least one new home replacing that sold which isâ
  
  :(a) of the same tenure,
  
  :(b) located in the same local authority area or London borough, and
  
  :(c) in accordance with assessed local housing need.â
  
  
  An explanatory statement accompanying the rejected amendment stated[2]: 
  
  :The amendment would require housing associations offering the Right to Buy to their tenants in London and elsewhere to re-invest all the money received as a result of the sale in replacement affordable housing, including a guaranteed like-for-like home in the same local authority area or London borough
  
  The rejected amendment would have added the above text to Clause 61 of the Bill[3] titled ''Grants by Secretary of State'' and beginning with the key subclause stating:
  
  :The Secretary of State may make grants to private registered providers in respect of right to buy discounts.
  
  == 
  
  
  * [1] [http://services.parliament.uk/bills/2015-16/housingandplanning.html Parliament's webpage on the Housing and Planning Bill]
  * [2] [http://www.theyworkforyou.com/debates/?id=2016-01-12a.754.0#g754.1 Official Record, House of Commons, 12 January 2016]
  * [3] [http://www.publications.parliament.uk/pa/bills/cbill/2015-2016/0108/cbill_2015-20160108_en_4.htm#pt4-ch1-pb1-l1g61 Clause 89 of the Housing and Planning Bill as at the time of the vote]
  
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  (put thoughts and notes for other researchers here)
  