Construction NewsConstruction Directory Commercial Vehicle Direct Ltd
Simply Spax Screws Brio Rmd Uk Ltd Stane gate stoves Caras UK Ltd River Blinds Step On Safety Ltd R M D Kwikform Ltd. Modbathrooms Ltd Chris Partington Land Surveyors Solvent Solutions Limited Satana International contracts Ltd Trueline Expanded Products Ltd. Resin Building Products Ltd Haslemere Pools JCB Insurance Services Ltd Soft Surfaces Ltd

United Kingdom Industry News

21/05/2010

Innovative Funding Options For Housing Associations Set Out In New Federation Report

Innovative Funding Options For Housing Associations Set Out In New Federation ReportHousing associations could consider radical ways of raising funds for new affordable homes as the sector faces up to a dramatically different operating environment, according to a new report from the National Housing Federation.

'Facing the future: Evolution or revolution?' explores a range of financing options and organisational changes that housing associations could adopt as the sector faces up to the unprecedented challenges created by the financial crisis and recession.

Unconventional routes to accessing funding, such as issuing shares on commercial parts of their businesses, could be a potential source of raising revenue for investment in affordable housing and neighbourhood services, it suggests.

Many associations already have non-registered commercial subsidiaries, which in practice could be able to issue share capital.

- - - - - - Advertisement - - - - - -
hss

If these businesses were floated, the housing association as the parent company would retain a majority of the shares in these subsidiaries to ensure they could not be bought out. The business would stand as a separate entity to the parent company meaning the core business would be protected and the risk limited.

These businesses could prove attractive investments for pension funds, according to the report, including providing an opportunity to meet their corporate social responsibility objectives.

The housing association sector remains financially robust, but the global downturn means social landlords need to plan for the future and focus on how they want their organisation to develop.

The in-depth report stresses it is not recommending any of the proposals to housing associations or making an offer to government, but believes many boards may want to explore the options given the much changed operating environment for the sector.

Federation Chief Executive David Orr said: "Our sector has a tremendous track record of innovation and creativity in the face of change and we will be called upon to display those qualities once again as we consider the best response to our new operating environment.

"Housing associations and their boards may choose to adopt one or other of the strategies or none. Quite properly, only they are best placed to identify the right path for their organisation and only they can execute it.

"Whatever choices associations make we can be sure that they will be motivated by a desire to maximise the contribution that they can make to meeting the needs of those households and communities in housing need."

(CD/GK)
Bookmark and Share

Top Stories
17/04/2014
Balfour Beatty Begin On 11.6m Project
17/04/2014
Plans Approved To Redevelop The Warner Stand
17/04/2014
Building Starts On Manchester Leisure Centre
17/04/2014
68m Improvement Scheme Announced For A477
17/04/2014
'Custom Build' Homes Come To Peterborough
17/04/2014
Work On DLR Pudding Mill Lane Station Nears Completion
17/04/2014
Fitter Given Suspended Sentence For Illegal Gas Work
17/04/2014
LED Lamp Prices Fall By Almost 10%
16/04/2014
Mace JV Wins Sellafield Deal
16/04/2014
Construction Activity To Grow 18% By 2017 - CPA
Construction News Archive
Submit News Story
Editorial Staff
home
UK Construction Industry News
Balfour Beatty Begin On 11.6m Project
Plans Approved To Redevelop The Warner Stand
Building Starts On Manchester Leisure Centre
68m Improvement Scheme Announced For A477
'Custom Build' Homes Come To Peterborough
Work On DLR Pudding Mill Lane Station Nears Completion
Fitter Given Suspended Sentence For Illegal Gas Work
LED Lamp Prices Fall By Almost 10%
Mace JV Wins Sellafield Deal
Construction Activity To Grow 18% By 2017 - CPA
Peterborough Residents Save Thousands On Energy Bills
Major Environmental Improvements Made On The Gateway Route
Subscribe to email news

national News
House Of Commons To Debate Second Reading Of High Speed Rail Bill
RMT Announce Five Days Of Strike Action Over Closures
Co-Op Group Announce 2.5bn Loss
Life For 21-Year-Old Who Beheaded His Girlfriend
Met Report 'One Of The Biggest Gun Hauls Ever'
Stagecoach To Axe 14 Services And Reduce Others
Lorry Driver Arrested Over M26 Pile-Up
UK Women Endure Worst Sexism
Liverpool Remembers Hillsborough Victims
Manchester City Players The Best Paid In Global Sport
Liberton High School To Reopen After Teen Death
Hague Warns Russia Could Face Isolation
163% Increase In Foodbank Use - The Trussell Trust
Other News In Brief
Construction News Archive
download the build app from the app store
Traffic is ABC certified
ppa.co.uk
Interpower International Ltd Medway Blinds Maidstone Lighting Dynamics UK Shades and shutter Ltd BEW Electrical Distributors Ltd Direct Fencing Supplies Powerlifts Ltd (HO) Dome (uk) Limited Ken Parry & Co stoneCIRCLE Tip Top Toilets Ltd Tilemaster Adhesives Ltd First Class Wetrooms JA Envirotanks Dragon Alfa Cement Limited NoiseAssess Acoustic Consultancy
JCB Insurance Services Ltd
Flagship Media Group Ltd
Unit C3, 6 Westbank Drive, Belfast,
BT3 9LA, Northern Ireland
Tel (+44) 28 9031 9008
Contact : Click here
Website Terms and Conditions

keycons003 / keycons003x16 18/04/2014 07:55:55 / A9 / B11 / 0.03125, 107.22.45.61 / BOT1

Innovative Funding Options For Housing Associations Set Out In New Federation Report - Housing associations could consider radical ways of raising funds for new affordable homes as the sector faces up to a dramatically different operating environme