Tuesday, 14 November 2017

92% Of Councils Not Meeting Affordable Housing Needs

The study, by the Institute for Public Policy Research (IPPR), warned that 92% of councils are not meeting affordable housing need in their areas. It found that affordable housing represented the biggest delivery challenge – with two-thirds, or 67%, of authorities failing to meet overall housing demand in 2015/16. The report called on chancellor Philip Hammond to make further investment in affordable housing at the Budget, including through allowing councils to take on extra borrowing in order to build new homes. Researchers said that sub-market housing products such as affordable rent and shared ownership are becoming increasingly out of reach for low and middle-income earners in most areas. Download the report from the IPPR website.

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