UK Housing Review Calls For Increased Grant Levels For Social Housing

In the latest UK Housing Review, there are calls for government to increase the grant levels for social housing. While grants have risen slightly in the last two years, they now cover just 11% of housing association’s development costs, leaving the rest to be met by borrowing and surpluses. One-third of new homes are being built without any grant. The review also shows only 11% of new homes built in England is at genuinely affordable social rents, compared with nearly 70% in Scotland and over 80% in Wales. Read more on 24housing.

https://www.24housing.co.uk/news/uk-housing-review-calls-for-increased-grant-levels-for-social-housing/