We need a new approach to funding affordable housing – simply tweaking grant rates won’t shift the dial in London

paul hackett NEW

Housing Today and G15’s proposal for an amortising grant model is already causing a stir in the sector. Paul Hackett explains why it potentially has huge benefits to providers and the Treasury

Earlier this week G15 and Housing Today published ‘State of the Capital: Shaping a New Model for Affordable Housing in London’.

 This report seeks to address London’s housing crisis. The statistics are familiar – a 54% increase in homelessness between 2013 and 2023, 323,800 households on council waiting lists and 11.1 percent of homes in London overcrowded – more than twice that of the second most overcrowded region.

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