The cross-party Levelling Up, Housing and Communities (LUHC) Committee report (May 8th) calls on the Government to:
- invest to build the social homes;
- conduct an early assessment of the adequacy of grant funding allocations and how much social rent is to be supported;
- use land value capture as a tool to support social housing;
- provide social housing providers exactly the same access to funds for building safety remediation as private sector landlords;
- give greater weight to the positive benefits of regeneration so more funding can be made available for regeneration;
- where registered providers face more financial risk, we recommend that the Regulator should engage with them more regularly.
The government have 2 months to respond.
Full report – The Finances and Sustainability of the Social Housing Sector here
