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The Chartered Institute of Housing is the independent voice for housing and the home of professional standards

Prime Minister announces £2bn for ‘strategic partnerships’ with housing associations

19/09/2018


Gavin Smart, deputy chief executive, Chartered Institute of Housing, comments on the Government's latest announcement on strategic partnerships with housing associations.

Housing associations have a central role to play in building the homes we need and challenging the attitudes that hold us back, Rt Hon Theresa May MP has said today as new long-term funding for affordable housing is launched.

The Prime Minister has announced £2 billion in new funding to give housing associations the long-term certainty they need to deliver tens of thousands of new affordable and social homes.

Commenting on the Prime Minister’s statement, Gavin Smart, deputy chief executive, Chartered Institute of Housing said: "The Prime Minister's announcement is an important sign of the government's recognition of the vital role played by housing associations, and social landlords more generally, in building new homes and in providing people with a place to live that they can be proud to call home.

"Long-term certainty will give housing associations the confidence they need to invest. And long-term partnerships will enable more housing associations to take the lead in developing their own land and reduce their reliance on private developers, helping to boost the numbers of new homes we build as a nation. 

"But, as the Prime Minister recognises in her speech, it’s crucial that government investment helps housing associations to build the right kind of homes at the right prices. In practice this means building more homes at the lowest social rents – which is often the only truly affordable option for people on lower incomes.

"The Prime Minister's announcement is an important sign of the government's recognition of the vital role played by housing associations, and social landlords more generally, in building new homes and in providing people with a place to live that they can be proud to call home."

 

To read the government’s press release in full, follow this link

 

https://www.gov.uk/government/news/pm-to-address-the-national-housing-federation-summit


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