Monday, 27 June 2011

Shapps: Affordable Rent Is Here To Stay

The housing minister has insisted the affordable rent regime is here to stay, despite accusations that it is unsustainable. ‘I don’t think the system is going to go away now,’ he said. ‘I think affordable rent, regardless of which political party is in power, will be a feature of the housing system.’ The Homes and Communities Agency is currently negotiating with landlords who have bid for funding through the scheme, which is intended to deliver 150,000 homes by 2015. Mr Shapps said there have been more than 200 bids for funding, with an even geographical spread. ‘We are pretty confident that we should be able to get 150,000 plus affordable rent homes out of it,’ he said. Read more on Inside Housing.




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