At this year’s Conservative party conference, the cap on local authority borrowing to support housing development was lifted, marking another step to help reduce the gap between housing supply and demand across all tenures. With an ambition to deliver 300,000 new houses per year by 2020 outlined in the Housing White Paper – Fixing our broken housing market – this step will allow the public sector to make a growing contribution to the target as well as helping to address the affordability issues that have been well-publicised in recent years.
Even in parts of the country with strong population and employment growth and an active development sector, ekosgen’s work has shown that achieving housing targets remains a challenge. This can have implications for economic growth as growing town and city economies need a larger and more diversified workforce to meet their ambitions. Higher household numbers also generate spend in the local economy and income for the public sector so failing to achieve targets has knock-on impacts.
The ekosgen team’s recent workload has included a number of commissions to support an uplift in housing numbers including:
· Preparing socio-economic statements to accompany residential planning applications
· Supporting local authorities to prepare business cases to secure Housing Infrastructure Fund investment
· Working with a developer to produce a business plan for a new housing company
For further details please contact Kirsten Powell on 0845 644 3023 or Kirsten.firstname.lastname@example.org.