We estimate that 187,000 additional households are in need of sub-market housing each year, requiring a significant step up in delivery
The need for sub-market housing varies between and within regions. Future housing policy should recognise this variation and grant funding should be directed towards supporting new homes that will have the biggest impact on people’s housing challenges. This is likely to require greater coordination between districts, within regions or mayoral areas to ensure homes are delivered in the right places.
Future grant programmes will need flexibility to deliver the most appropriate affordable housing in each area. Our research shows that more social rented homes are needed everywhere alongside other affordable tenures, such as intermediate rent or affordable home ownership options.
Grant funding is likely to be constrained over the coming years. Delivering a range of affordable housing tenures, matched to the requirements of local areas, would therefore maximise value for money and have the greatest impact on people’s lives.
Read more below:
Current state of play
Affordable housing supply faces a significant slowdown as mounting pressures start to bite. Policy needs to respond urgently to address this slowdown.
Find out more
Estimating housing need
Meeting affordable housing need means providing for households excluded from the housing market alongside maintaining the current provision of affordable housing.
Find out more
Diverse housing needs
Maximising value for money means using grant funding flexibly to help meet housing needs in local markets.
Find out more