Rentplus has contributed to the House of Commons Public Accounts Committee’s inquiry on Affordable Homes. This has now been published. In the evidence, we said that, from our discussions with investors, we know that there is strong and widespread interest in investing in the affordable housing sector. There are billions of pounds waiting to be unlocked if local government was more amenable to accepting institutional investment and if the Government did more to encourage local authorities to do so and break down the existing cultural barriers.
Rentplus believes that the government should be actively encouraging local authorities to embrace and seek innovation and alternative funding structures to ensure that sufficient affordable housing is delivered in the areas where it is most needed.
Read further: https://committees.parliament.uk/writtenevidence/111468/pdf/