Measures to support the building of new affordable rented
homes is ‘desperately needed’, the Chartered Institute of Housing has said
after it predicted nearly 250,000 of the cheapest rented homes could be lost
between 2012 and 2020. CIH made the projections after figures released by the
government showed the total number of such homes available at social rent fell
by more than 120,000 between 2012 and 2016. Though 44,600 new homes were built
for social rent over that period many more were lost because housing providers
have converted them to higher affordable rents to raise extra income or sold
them under the right to buy. And CIH is forecasting this will continue over the
next four years. Read more on the CIH website.
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