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The $8B Gap in Affordable Housing | UK News
Description
The UK’s ambitious plan to build 300,000 social rent homes by 2036 faces a major funding gap—£8 billion short—according to a new Resolution Foundation report. With current government funding at £39 billion, housing associations need more upfront cash to sustain lower rents, risking a 50,000-home shortfall. Solutions like expanding affordable rent schemes or leveraging the National Housing Bank’s £2.5 billion loan could help, but hitting the “biggest building program since WWII” target will require far more investment—especially if councils lead the charge.
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