Labour Leader Jeremy Corbyn and Shadow Housing Secretary John Healey have launched a Green Paper for consultation which proposes to build a million new affordable homes over 10 years, the majority for social rent. However, the paper also outlines that these reforms will set a new benchmark for the private rental sector to be compared to, resulting in falling rents.
Amongst the proposals set out in the consultation ‘Housing for the Many’ are:
- Redefining ‘affordable housing’ by scrapping the Conservatives’ so-called ‘Affordable Rent’ at up to 80% of market rents, and introducing a new definition linked to incomes including: social rent, living rent and low-cost ownership.
- A new ‘duty to deliver’ affordable housing for councils.
- A new English Sovereign Land Trust.• New borrowing freedoms and central funding to get councils and housing associations building at scale.
- A fully-fledged new Department for Housing.• A new independent national organisation and a Commissioner to represent the views of tenants.
- Fast-track reforms to allow tenants to take council and housing association landlords to court if their homes aren’t safe.
We are launching this Green Paper at a time of crisis for our housing system. A million on housing waiting lists tens of thousands of children in temporary accommodation without a home to call their own; homelessness up by 50% since 2010; the indignity of sleeping on our streets at night or sofa surfing among friends; sky-high rents and house prices; luxury flats proliferating across our big cities; while social housing is starved of investment.Jeremy Corbyn, Labour Party Leader
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