Yorkshire Housing chief executive Mervyn Jones has welcomed the Prime Minister’s announcement that housing associations have a central role to play in building the homes we need and challenging the attitudes that hold us back.
As part of the Government’s commitment to transform house building, the Prime Minister has announced £2 billion in new funding to give housing associations the long-term certainty they need to deliver tens of thousands of new affordable and social homes.
Yorkshire Housing chief executive Mervyn Jones said:
“The Prime Minister has recognised the leading role housing associations can play in fixing the broken housing market and the extra funding is welcome. Yorkshire Housing is building more homes than ever and with government help we can do more, especially for those people with the least choice in the housing market. We can give everyone the opportunity to live in a quality home they can afford.”
Yorkshire Housing has pledged to deliver 3,000 new homes across Yorkshire by 2021 and believes the new funding commitment will help to boost future development plans.
The Prime Minister has said the government will work in partnership with the housing associations to get more people on the housing ladder and make sure those who can’t afford their own place also have somewhere they’re proud to call home.
Prime Minister Theresa May said:
“Today, I can announce that new longer-term partnerships will be opened up to the most ambitious housing associations through a ground-breaking £2 billion initiative. Under the scheme, associations will be able to apply for funding stretching as far ahead as 2028/29 – the first time any government has offered housing associations such long-term certainty.
“Doing so will give you the stability you need to get tens of thousands of affordable and social homes built where they are needed most, and make it easier for you to leverage the private finance you need to build many more.”