Report on topic to be published by year’s end
The Local Government Association and British Property Federation have launched a consultation on institutional investment in affordable housing.
The two organisations are looking to gather evidence on how investment might be expanded in order to increase supply.
Analysis by JLL last year concluded that new affordable homes funded by institutions would account for nearly a quarter of all purpose-built rented accommodation in the UK within the next three years.
Claire Holland, housing spokesperson for the LGA said: “Institutional investors already play an important role in funding new affordable housing, working with developers and registered providers and councils to deliver these vital homes.
“We want to hear from all stakeholders across the sector – institutional investors, registered providers, councils, charities – about how the current system works for their ambitions to deliver on their fiduciary duties and any wider social goals through affordable housing.”
The findings of the review will be published in a report by the end of the year.
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