Government must find extra £14bn of annual affordable housing subsidy

By Carl Brown2022-03-01T07:00:00

Study by L&G and BPF says private money and expansion of ‘for profit’ providers also needed to boost supply

An additional £14bn in annual government funding is required as part of a package of public and private investment to deliver 145,000 affordable homes each year, according to a new analysis conducted by L&G and the British Property Federation.

However, the study made clear that only a mixture of public money and the expansion of “for profit” providers will be likely to significantly boost supply, because of the way housing associations are constituted.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community