Financing of new housing supply

Know about the book -

Financing of new housing supply is written by Great Britain: Parliament: House of Commons: Communities and Local Government Committee and published by The Stationery Office. It's available with International Standard Book Number or ISBN identification 0215044134 (ISBN 10) and 9780215044136 (ISBN 13).

This report concludes that the Government must employ a basket of measures, covering all tenures of housing, if sufficient finance is ever to be available to tackle the country's housing crisis. For decades, successive Governments have failed to deliver sufficient homes to meet demand. The country faces a significant housing shortfall, and the financial crisis has amplified the problem. 232,000 new households are forming each year in England, and yet in 2011 fewer than 110,000 new homes were completed. The Committee sets out four key areas for action, which, taken together, could go a long way to raising the finance needed to meet the housing shortfall: large-scale investment from institutions and pension funds; changes to the financing of housing associations, including a new role for the historic grant on their balance sheets; greater financial freedoms for local authorities; new and innovative models, including a massive expansion of self build housing.