Stimulus package a major step forward.
6 September 2012
Responding to the Government announcement on housing, David Orr, Chief Executive of the National Housing Federation, which represents England’s housing associations, says:
“This stimulus package is a major step forward. The Government’s£10 billion financial guarantees, together with the extra £300 million for affordable and empty homes, has the potential to transform the housing market.
“It will provide homes for some of the millions of families on waiting lists, create jobs and give the UK economy a shot in the arm with a speed and effectiveness few industries can match. The only piece of the puzzle missing from this announcement is rapid access to public land.
“Government departments are sitting on parcels of previously developed public land equivalent of two cities the size of Leicester – this land needs to be made available so that housing associations can get cracking, build more homes at scale, boost the supply of affordable homes and create local jobs.”