Housing Associations: Finance
The question
To ask the Secretary of State for Housing, Communities and Local Government, whether her Department plans to review the long-term financial sustainability of housing associations as part of the (a) Spending Review and (b) long-term housing strategy.
Answered by Matthew Pennycook
The government recognises that Registered Providers need support to build their capacity and make a greater contribution to affordable housing supply. Between 30 October 2024 and 23 December 2024, the government consulted on a new 5-year social housing rent settlement, to give Registered Providers the certainty they need to invest in new social and affordable housing.
Details of new investment to succeed the 2021-26 Affordable Homes Programme will be set out at the Spending Review.
The Government intends to publish a long-term housing strategy later this year.
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