4 Industry News
Managing Editor James Parker
Publisher Anthony Parker
Account Director Midge Myatt
Account Manager Nathan Hunt
Digital Marketing & PR Account Manager Suzanne Easter
Operations Director Shelley Collyer
Editorial Contributor Roseanne Field
Events Coordinator Amy Madigan
Studio Manager Mikey Pooley
Production Assistant Georgia Musson
Digital Production Coordinator Kim Musson
Feature Coordinator & Publisher’s Assistant Kim Neville
Finance Director Simon Reed
It’s something of a rarity in these challenging times, but it’s fair to say that Chancellor Reeves’ Spending Review saw the sector genuinely delighted – an overused word which is appropriate for once.
Rachel Reeves revealed that the Government would be fi nding an extra £39bn of funding for an Aff ordable Housing Programme focusing on “social and aff ordable” homes over the next decade.
She paid tribute to Deputy Prime Minister and Secretary of State for Housing Angela Rayner, for pushing through the “biggest cash injection in social and aff ordable homes in 50 years.” T ere had been predictions of a £25bn upliſt in investment, but this is over £10bn more, showing how aware the Government is of not only the depth of the housing crisis, but of the challenges hitting social housing providers.
Reeves also promised an extra £10bn of investments in housebuilding including from Homes England, as well as a rent settlement that doubled the duration to 10 years and fi xing rents to one per cent above the CPI index.
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Kate Henderson, chief executive of the National Housing Federation, said it was a “transformational package that delivers the right conditions for a decade of renewal and growth.” And Robert Nettleton, chief executive of Bromford Flagship, one of England’s biggest ‘housing association housebuilders’ delivering 1,770 homes in 2024-5 said: “Rachel Reeves has listened to the sector and delivered the funding scale and certainty that will unlock development and enable housing associations to deliver at scale and pace.
“T e return to rent convergence alongside 10-year funding certainty means we can plan, borrow and invest with confi dence.” Hard to fault the ambition, unless you’re an enemy of tax-funded public service.
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On the cover...
Kensa’s Dr Stuart Gadsden, looks back at the commendable progress social housing has made in decarbonising properties, what lessons there are for private housing and why policy certainty is key for maintaining momentum. See page 20.
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