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

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