Monday, 17 February 2020

Homes On Former Public Land Will Not Be Affordable


Less than 3% of homes to be built on public land that has been sold to developers will end up being for genuinely affordable social rent. The left-leaning New Economics Foundation (NEF) think-tank said the release of figures published by the government was welcome, but the data revealed a poor outlook for those in need of affordable housing. Its analysis showed that of plans for 131,000 homes on public land sold since 2011, just under 20,000 would be deemed affordable and 3,410 would be let for social rent. Read more on Housing Today.

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