What comprises the main income for a Housing Revenue Account (HRA)?

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The main income for a Housing Revenue Account (HRA) primarily comes from rents collected from tenants. This is fundamental as an HRA is specifically established to manage the income and expenditure related to local authorities' housing activities, particularly social housing. The rents paid by tenants are a predictable and consistent source of revenue that allows local councils to fund the maintenance, management, and development of public housing.

Other options, such as government grants and donations from non-profits, may supplement funding for housing initiatives but are not considered the core income source for HRAs. Similarly, while the sale of council-owned properties may generate revenue, it does not provide a sustainable or regular stream of income in the same way that tenant rents do. Overall, the reliance on rental income is critical for the effective management and operation of housing services within the local government framework.

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