National Housing Federation response to Spring Statement

Kate Henderson, Chief Executive at the National Housing Federation, said:

"Today's Spring Statement clearly indicates that delivering new social housing is intrinsic to the government's plans for growth.  The £2bn downpayment for new affordable homes is hugely welcome and vital in preventing a cliff edge in delivery, ahead of the new funding programme being announced at the Spending Review.

“Investment in social housing is not only key to tackling the housing crisis, but is also excellent value for money, reducing government spending on welfare, health, and homelessness as well as boosting the economy. Housing associations are ready to work with the government to deliver a generation of new social homes. We hope to see a significant increase in funding for affordable housing at the Spending Review, alongside a package of support to help the social housing sector rebuild capacity, so we can build the homes we desperately need.”