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Your Housing Group welcomes extra £2bn into social and affordable housing

Your Housing Group has welcomed the announcement by the Government of £2 billion in new funding to “give housing associations the long-term certainty they need to deliver tens of thousands of new affordable and social homes.”

Prime Minister Theresa May made the announcement at the National Housing Federation Summit in London.

She said of housing associations: “Given the right tools and the right support, you can act as the strategic, long-term investors in the kind of high-quality places this country needs. To put it simply, you get homes built.”

She also called on associations to use their “unique status, rich history and social mission” to change the way tenants and society view social housing.

Brian Cronin, Chief Executive of Your Housing Group, welcomed the announcement and the Prime Minister’s focus on rental social and affordable homes.

He said: “Like the government we want to change the nature and perception of the social housing sector, by creating property journeys for residents which are more attuned to the lives they lead.

“Having a good quality rented home, managed by a professional dedicated landlord, can create a more flexible, less onerous tenure, at a lower cost for the tenant.

“Our aim is for our residents to be proud to rent. We are investing over £50million in the next five years in our social housing offering and we are committed to improving the professional landlord service we provide.”

Your Housing Group owns and manages more than 28,000 homes across the North of England, a large proportion of which are social and affordable homes. The organisation is regulated by the Regulator of Social Housing (formerly the Homes and Communities Agency) and provides homes for customers that are safe, secure and enable them to live their lives in peace.

It is working in partnership with local authorities, build contractors and Homes England, the Government’s affordable housing funding body, to build more than 5,700 new homes over the next five years.