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Implications of the Affordable Rent Model in London
Posted on: 8 July 2011
By: mackene
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Filed under: News
This report from the London Assembly’s Planning and Housing Committee sets out a number of issues relating to implementing the Affordable Rent Model in London. The new model gives housing associations the flexibility to raise rents for new tenants to provide funding for new affordable homes now that government grant has been reduced. The Committee found that raising enough income through higher rents to build new affordable homes and setting rents at levels people can actually afford will be particularly difficult in London, where rents and need are already so high.
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