Delivering 100,000 new high-quality social homes each year would bring significant benefits to the national economy, says the Local Government Association.
New powers to borrow and invest in housing look set to be used by the majority of councils but further reforms are needed to spark a genuine renaissance of social housing, a survey by the Local Government Association reveals.
Building government-funded social rent homes would have cut billions from the housing benefit bill, provided higher disposable income for tenants and generated significant economic returns, new analysis reveals.
The Local Government Association has warned that the numbers of homeless children housed by councils in temporary accommodation has increased by 76 per cent in the last seven years.
Over 70 per cent of Conservative council leaders who responded to a new poll warn that current Government investment will not deliver enough low-cost rented homes in their area.
Policy makers need to radically reform the private rental sector to make it fit for raising children and retirement because a generation of young people face the prospect of never owning their own home, according to a new report published by the Resolution Foundation.