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Committee Material Published 20 Jul 2022 ↗ View on Parliament

The commercialisation of social housing can be traced back to the cut to government funding in 2011. Whilst we would like the Government to provide more central funding for specific purposes, such as regeneration, building safety, decarbonisation and new housing, the sector is now clearly dependent on high levels of private investment, and will continue to be so. In many respects, this has had regrettable consequences. Many housing associations have charitable status because they exist to pro...

The commercialisation of social housing can be traced back to the cut to government funding in 2011. Whilst we would like the Government to provide more central funding for specific purposes, such as regeneration, building safety, decarbonisation and new housing, the sector is now clearly dependent on high levels of private investment, and will continue to be so. In many respects, this has had regrettable consequences. Many housing associations have charitable status because they exist to provide housing for those who have difficulty in affording market rent. The interests of private investors, particularly regarding their return on investmen Type: conclusion | Number: 21 | Paragraph: 95 | Response status: under_consideration Government response: 22. In the meantime, we continue to apply our current consumer powers robustly, and encourage providers to improve their services and engage with tenants as appropriate. We share the learning from our casework3 with the sector, encouraging t