Thursday, 18 July 2019

New Affordable Housing Definition Could Halve Rural Rents


The Campaign to Protect Rural England (CPRE) says its stats show low income families living in communities across the countryside could save more than £31 million a year – if affordable rent levels were set according to the net income of tenants, rather than market rates. Analysis released by CPRE comes with a call for changes to how ‘affordable’ housing is defined. Currently, rents set at 80% of the standard market rate are classified as ‘affordable’, which is still out of reach for many families and those on low incomes. Read more on 24housing.

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