The UK government has set out bold and ambition plans to tackle the nation’s housing crisis. And as my guest on the
The Infrastructure Podcast
this week
Anette Simpson, director of development and partnerships at
Legal & General Affordable Homes points out, it needs them. Now!
Have a listen
here and on Apple, Spotify, Amazon and all your favourite podcast hosts.
Because despite current targets to deliver 1.5 million new homes over the next five years, the reality is that we are still only seeing 50,000 to 60,000 affordable homes being built each year - far short of the estimated 145,000 required. That leaves a shortfall of over 1.3 million households on waiting lists, while rising costs, planning delays, and economic uncertainty continue to challenge the sector’s ability to tackle the crisis.
Anette has passion and a plan to start to change all that. Her business is levering in private capital to support public cash and has a target to have more than 10,000 homes under management this year.
Essentially, she aims to prove that, alongside the tradition public sector social housing providers, for-profit providers can – and must - play a crucial role in tackling the crisis.
Have a listen. Creating homes for families is certainly up there as one the biggest infrastructure challenges facing the UK right now.
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