The Housing and Communities Board has set out a commitment to build, provide or facilitate up to 1000 affordable homes over the next decade.
It will also commit to confirm at least two sites, or one large multi-use site, within the government estate over the next 12 months that can be developed to provide supported living accommodation.
The commitment for 1,000 homes, the board says, will “respond to and in accordance with continued monitoring of evidence based housing need and subject to the availability, identification and commitment of appropriate funding, development sites and construction industry assets”.
However, given inflationary pressures on the building sector, the report recommends that innovative funding mechanisms and potential Treasury support will be needed bridge these gaps.
Chair David Ashford said: There is no quick fix to alleviating pressure on suitable housing availability and affordability, but it is the absolute ambition of the Board on behalf of the Council of Ministers, by the end of this administration, to have significantly improved the conditions to allow government to deliver housing programmes that can change how people live for the better.”
You can read the full report here.
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