“Another reason why increasing current levels of social housing construction would benefit society can be seen in The National Housing Federation’s 2011 Neighbourhood Audit. This report shows that housing associations alone invest £750m annually in all kinds of community initiatives, helping to improve the lives of eight million people. Unfortunately, due to its nature 89 per cent of landlords are private individuals the PRS just doesn’t have the capacity for this kind of community investment. Of course, social impact is not only judged by the amount of money that is spent and social landlords invest time in the community, employ and train people from the community, provide opportunities to volunteer, help give a voice to the community and much more that impacts positively on people’s lives.”
Read the whole article here: New Statesman | It is time to recognise the benefits of social housing.