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#137

Deliver on expectations

Colm Lacey
Colm Lacey
Chief executive, Brick By Brick
Covid19: Ask of Government ● July 10, 2020

It’s that longer-term recovery we need the support on. The primary thing is that there needs to be more direct support for affordable housing in the UK and in London. It needs to be funded better and differently.

I’ve been saying for a long time that the way that should happen is by the government offering a minimum price for purchasing affordable housing. So, rather than underwriting it, government actually purchases affordable housing from developers or from local authorities, for an agreed price. And that agreed price should be slightly more than it costs to build, so there is an option available to developers to build ...

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