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Only 15% of the 130,000 homes that are earmarked to be built on sites released by government departments are set to be affordable.
According to the latest update from the government’s Public Land for Housing Programme, only 19,873 of roughly 130,000 homes expected to be built on sites sold since 2011 through the scheme are expected to be of affordable tenures.
These figures are based on 1,225 sites that have been sold through the programme, which has run in two phases – the first between 2011 and 2015, and the second between 2015 and 2020.
A total of 1,370 sites have been sold overall through the scheme, however some sites have been excluded from the affordable homes numbers because of planning applications including a mixture of public and private land.
Within the second phase of the programme, which runs until March this year, the government has set a target to release land for 160,000 homes. However, as of June 2019, land for just 48,000 homes had been released.
In 2015, the five largest landowning departments within government – the Ministry of Defence (MoD); the Department for Transport; the Ministry of Housing, Communities and Local Government (MHCLG); the Department of Health and Social Care; and the Ministry of Justice – agreed individual targets as part of the programme.
With a target of 55,000 homes, the MoD is expected to provide land for the most homes of any government department. However, as of June 2019, land for just 4,313 homes (7%) had been sold.
MHCLG has by far sold the most land of any government department since 2015. Out of a target of 36,000, the department has sold land for 26,068 homes (68%).
London has benefited the most through the Public Land for Housing Programme. Since 2011, 12,244 homes (24%) completed through the scheme were in the capital.
This was followed by the South East, where 10,385 homes (20%) were completed, and the East of England, where 5,434 homes (10%) were completed.
Inside Housing is pleased to join forces with Homes England and the LGA to introduce the Inside Housing Development Summit.
Taking place on 27-28 April 2020, the summit will gather together local authorities, housing associations, developers, fund managers and advisors for a Chatham House style event focussed on making new connections and exploring new delivery models.
The summit will take place over 28 hours, starting with an afternoon plenary on 27 April, an exclusive development site study tour to Northstowe, England's largest new town since Milton Keynes, followed by a business dinner.
The second day will provide opportunities to network with a range of senior Homes England and LGA staff including Nick Walkley, chief executive of Homes England and Mark Lloyd, chief executive of LGA.
You’ll also meet with leaders from across the development ecosystem and take part in group discussions to help you connect and explore new opportunities. All accommodation and meals will be provided within the fee.
Places for each stakeholder group are limited to ensure a balanced mix of participants and to make sure you leave with the relationships and leads you need.
Click here to book your place or for more information