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Home Builders Federation welcomes investment in council housing
Wed 13 Jan 2010
The government has been urged to continue investing in building council houses across the UK.
Earlier this week, housing minister John Healey confirmed that it has allocated an extra £122.6 million towards the development of new local authority housing.
This means that the amount of investment in council and housing association homes since June 2009 now stands at £2.4 billion.
The latest announcement has been welcomed by the Home Builders Federation (HBF), which said this level of investment needs to be maintained.
Steve Turner, head of communication at the HBF, said this is because it remains very difficult for people to access housing.
He stated that while market conditions look far more positive than they did a year ago, waiting lists for local authority housing remain very long.
Mr Turner added that during the next 15 to 20 years, about 200,000 to 250,000 new homes need to be delivered every year across the UK.