Government’s £1.67 billion social housing deal is good news for rural and ‘new town’ communities

“The Housing Secretary’s announcement on more funding for the social housing sector today is good news for rural and 'new town' communities where there is a chronic and increasing shortage of homes for social rent which young families so desperately need. As a housing association with an ambitious development strategy focused on bringing more affordable housing to these communities, we are pleased to see a commitment to targeted investment in areas where there is a significant affordability gap between the average housing costs in the local open rented market and average costs in the social rented sector. Many of these are in Stonewater’s operating areas across the South, South West and South East and pockets of the Midlands. We also hope this investment will be supported by continuing planning reform so that these urgently-needed homes can be delivered quickly where they are needed most.”

– Jonathan Layzell, Stonewater Executive Director for Development