Affordable housing: what does it mean?

Affordable_THUMB.jpegAffordable housing is a long-established category in the UK residential landscape yet it remains one of the most ill-defined areas for the potential investor.

For decades the sector has been identified with publicly funded homes to rent, built and managed by not-for-profit local authorities or so-called “registered providers” such as housing associations.

Now the government wants to be more specific about the sector by giving “affordable housing” a precise definition while at the same time broadening the sector’s remit to include privately built and managed homes.

Even so, the new definition as set out…

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