Subscribe to our Construction Newsfeed
UK Construction Directory
Search our 157,206 companies....

Construction News

18/06/2010

Housing Professionals Offer Innovative Solutions As Funding Is Squeezed

Members of the UK Housing Panel address the major risk to the sector of funding cuts with proposals for new ways to deliver affordable housing in the latest report published today.

The panel of 280 members of the Chartered Institute of Housing (CIH) in the UK, which reports quarterly on key housing statistics and trends, has identified the impact of the deficit reduction measures and funding and grant reductions as the biggest risks facing their organisations in the next twelve months. 35 per cent of members said that the government's deficit reduction measures were one of the main three risks and 34 per cent identified funding and grant reductions as a major risk to their ability to provide affordable housing over the next 12 months.
-- Advertisement --
hss



In addition, one fifth (21 per cent) of UK Housing Panel members identified political change and uncertainty as one of the three biggest risks they faced, closely followed by the availability and cost of private finance and reductions to Supporting People funding (20 per cent).

A further 16 per cent identified the risk of changes to the regulatory system, including scrapping the Tenant Services Authority, to the sector’s credit ratings and ability to borrow at affordable rates.

Sarah Webb, CIH Chief Executive said: "This new report underlines the concerns expressed UK-wide by housing professionals about the potential impact of reductions in public and private funding on their ability to deliver new homes and excellent services to tenants as well as wariness about possible policy directions. Most importantly, though, it shows the readiness of the housing sector to meet head on the challenges it faces and its commitment to change, innovation and improvement in the sector. The Housing Pact that we will present to the Housing Minister Grant Shapps at our annual UK conference on 24 June will demonstrate this further."

(CD)

Latest Construction News

16/05/2025
South Dock Marina in Southwark is set for a major £8 million overhaul aimed at improving health and safety across the site, following the recent approval of a redevelopment plan. Led by Southwark Council, the upgrade programme has been granted planning permission, pending further consultation with
16/05/2025
The South Rail Systems Alliance (SRSA) has completed a major programme of infrastructure upgrades on the West Anglia main line. Appointed in September 2023, the SRSA, comprising Colas Rail UK, Network Rail, and AECOM, delivered a package of works between Shepreth and Cambridge. This multidisciplina
16/05/2025
London Gatwick has announced a major partnership with renewable energy provider Vital Energi to deliver a £250 million decarbonisation programme, aimed at achieving net zero for the airport’s own emissions by 2030. Under a five-year contract, Vital Energi will help the airport transition away from
16/05/2025
Dale Turner, Director of Procurement and Supply Chain at Skanska UK, has been appointed Chair of the Supply Chain Sustainability School. Turner succeeds Shaun McCarthy OBE, who co-founded the School in 2012 and has led it since its inception. McCarthy will now transition into a roaming ambassador r
16/05/2025
Dudley's Aluminium has taken a major step in its journey to net zero by installing a large-scale solar energy system at its production facility in Cardiff. The company partnered with Inspire Green, a renewable energy specialist operating across south Wales and south-west England, to fit 192 high-ef
16/05/2025
If you're searching for architects in Tunbridge Wells, you're likely planning something exciting — from a home extension or renovation to a brand-new build. At Alex Bryla Architecture, we specialise in bespoke architectural design, offering a fresh and creative approach tailored to the uniq
15/05/2025
A major expansion of the Port of Tilbury has been set in motion as owners Forth Ports has submitted an outline planning application to Thurrock Council for the development of a new port facility, Tilbury3 (T3). The proposed project will redevelop a 100-acre brownfield site—equivalent to 70 football
15/05/2025
Morgan Sindall Construction has commenced work on a capital works programme at the University of Leeds campus. It was announced earlier this year that Morgan Sindall has been appointed to the programme, which will entail refurbishment of existing university spaces and entrances as well as reroofing
15/05/2025
Construction has officially begun on the long-awaited Marple Community Hub, a £20 million development that will bring a state-of-the-art leisure, health and library complex to the heart of Stockport. Local leaders, partners, and the main contractor Willmott Dixon gathered in Marple Memorial Park fo
15/05/2025
Great Places Housing Group recently welcomed senior leaders from Manchester City Council to tour the final phase of its flagship £19.4 million Wiremill Court development in New Islington. Council Leader Cllr Bev Craig and Cllr Gavin White, Executive Member for Housing and Development, visited the s
Lakeside HireEfco UK LtdAqua Direct LtdStuart CanvasBade Newby DisplayContrasol LtdStuart CanvasPortman Finance Group LtdAlphaFenceMichael Kilbey Associates