The government’s controversial new rent regime is likely to boost social housing supply, the communities minister has claimed. Andrew Stunell said the creation of an ‘affordable’ tenure set at 80 per cent of market rents will probably lead to a ‘net increase in social housing’. This will be included in the 150,000 affordable homes the reform is expected to deliver, he added. Mr Stunell seized on National Housing Federation research which shows that one in four re-lets must be rented out at the 80 per cent level for the government to hit its goal of 150,000 new affordable homes over four years. ‘The NHF has said grudgingly, in its brief which was designed to knock down what we are doing, that the model will probably achieve 150,000 [homes],’ Mr Stunell said. Read more on Inside Housing.
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