Funding new social and affordable housing

There is only a finite set of well-established ways in which sub-market housing can be delivered involving different combinations of elements from land, finance, construction costs and equity (including subsidy). Whichever combination is chosen, political support for programmes and the necessity to provide value for money must be established. There is no silver bullet. In recent years, the principle of a general funded programme to support social and affordable housing has been replaced with multiple top-down interventions from government and, increasingly, a diverse set of local tailored affordable solutions from housing associations, councils and other local initiatives.

Author(s): Ken Gibb
Published: 02 November 2018
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