Making Social Rent Homes viable
A paper setting out a framework for delivering affordable housing, with a specific focus on the Social Rent has been published by Homes for People We Need, an informal collective of organisations, experts and practitioners in the housing sector.
It aligns with broader discussions advocating for increased housing development across all tenures, recognising the urgency of addressing the housing crisis through structured, large-scale investment.
Low rental income makes substantial public subsidy unavoidable. Current spending on temporary accommodation of over £2.8 billion annually could be redirected into structured funding models, such as index-linked bonds worth £160 billion, capable of financing 762,000 social rent homes.
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