If the hon. Gentleman could be slightly patient, I will address the points raised today, including that one. For social sector buildings with unsafe, non-ACM cladding, we will meet the cost of remediation where a registered provider of social housing becomes financially unviable due to the cost of remediation. We will provide funding equivalent to the amounts that providers would otherwise have been entitled to pass on to leaseholders, including shared owners.
I heard the point made by the shadow spokesperson, the hon. Member for Manchester Central (Lucy Powell), about local authorities approving some of the burdens placed upon them. I am happy to take away any examples she wants to investigate and raise with my colleague the Housing Minister, or I will speak to them myself as the Minister for Local Government Finance.
Social housing owners, with private sector leaseholders, may also be able to benefit from the finance scheme, which the Government have announced for all buildings from 11 metres to 18 metres in height. In the small number of cases where unsafe remediation may be necessary on buildings of that height, the scheme will protect leaseholders from unaffordable costs, by ensuring that no leaseholder will pay more than £50 a month towards the cost of cladding remediation.
Of course, in all of those cases, Government funding does not absolve building owners of their responsibility to ensure that their buildings are safe. They should consider all routes to meet costs, protecting leaseholders where they can. It is also right that the industry that caused this legacy of unsafe buildings contributes to setting things right. That is why we have consulted on a new residential property developer tax, which aims to raise around £2 billion over the next 10 years. We will also introduce a building safety levy on developers of high-rise buildings, which we plan to introduce at the gateway 2 stage of the new building safety regime.