Leaders of organisations from across the housing sector have written to the chancellor ahead of her budget to warn that increased investment in social housing is 'crucial' if the government is to meet its overall pledge to add 1.5 million new homes in England.
Increased funding for social housing is needed to meet ambitious government building targets, according to experts. Representatives of England's housing associations estimate they need funding for affordable homes to be nearly doubled to £4.6bn a year alongside other funding and policy measures. Ahead of this week's budget, the Treasury has teased a £500m boost to the current affordable homes programme, which is currently under target and out of funds.
And people are not allocated to the correct property and the correct services,' he said. 'It's really difficult. It's harsh out there, you know, people are ending up on the streets because of it. The system needs to change.' Targets are 'crude' Bristol is an example of an urban area with an acute housing crisis where proposed housing targets have, counterintuitively, been downgraded. They've been revised from 3,400 additional homes a year down to a proposed 3,000.
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