The government should “throw its weight behind” council
housing companies, the chair of the Local Government Association (LGA) has
said. Lord Gary Porter was responding to a report from the Smith Institute
which reveals a “quiet revolution” in council housebuilding, with around 150
councils setting up housing companies despite little government support. The
report shows that increasing numbers of councils are directly funding their own
housing companies without government grant to try and meet local housing need,
mostly building homes for private rent and sale. Some are recycling the
company’s profits to subsidise new affordable and social rented homes, as well
as providing temporary accommodation and housing for older people. Read a
summary of the report on the Smith Institute website.
Thursday briefing: How Michael Gove’s ‘new deal’ for renters went sour
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In today’s newsletter: The renters’ reform bill was meant to address a
spiralling housing crisis, but as a watered-down version finally passes, we
look a...
3 hours ago
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