Innovative Financing of Affordable Housing: International and UK Perspectives

Kenneth Gibb, Duncan Maclennan, Mark Stephens

    Research output: Book/ReportCommissioned report

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    Abstract

    What can we learn, from international best practice and from within the UK, that could help support the expanded financing of affordable housing supply?
    This report reviews international evidence from selected case studies, as well
    as examples from specific UK nations. It also looks in detail at a small set of
    specific promising case study policies.
    • In a challenging fiscal context, innovation is needed to stretch limited
    public subsidy and increase private contributions to help deliver additional
    affordable housing.
    • The evidence review indicates that in order to encourage new investment,
    supply is likely to be at the affordable rather than the social housing end
    of the spectrum. This is despite the pressures on Housing Benefit and
    high and increased levels of housing need.
    • While interesting ideas that are worth exploration and possible transfer
    are evident, financial measures such as those discussed here need to be
    understood in a wider policy context of housing system failure and the
    continuing need to support new housing for those on low incomes.
    Original languageEnglish
    Place of PublicationYork
    PublisherJoseph Rowntree Foundation
    Number of pages68
    ISBN (Electronic)978 1 85935 970 9
    Publication statusPublished - 2013

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