Published April 2013 Price £9.99
Against the backdrop of drastic cuts in housing subsidy and a sharp drop in mortgage finance and investor confidence, this report shows, how housing associations are having to rethink their plans and adapt to a changing and more risky environment.
The future for the affordable housing sector is still far from certain, and few associations in London and the South expect a return to the status quo ante. Many housing associations are at a crossroads and are trying to understand what lies ahead. Should they continue to provide homes for low-income households, or should they seek out new opportunities in the private rented sector and recycle their surpluses for social housing? These and other concerns about market conditions and the government’s housing and welfare policies are being talked about at tenant meetings and in housing association boardrooms. The report provides an insight into what the sector thinks about itself and what the future might hold.