The Treasury is expected to announce funding for future ALMOs in July's spending review but it may not match the amount available in previous rounds.
Joanne Roney, executive director of neighbourhoods at Sheffield council, said: "It would be a devastating blow to tenants if there were no fifth round. I would be shocked if there wasn't."
The strategy also depends on tenants backing the proposal for a citywide ALMO. Five of the city's 10 "neighbourhood commissions" – groups that represent the views of tenants – approved the plan last year.
It would be a devastating blow to tenants if there were no fifth ALMO round
Joanne Roney, Sheffield council
The remainder are due to make their decision in the summer. The council is confident they will back the proposal.
The five areas that have already approved the ALMO put in a bid for £341m in the third and fourth rounds.
Source
Housing Today
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