What is a Housing Association

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What is a Housing Association?

Housing associations are not-for-profit organisations, providing 2.7 million homes to around six million people. Housing associations reinvest all surpluses back into building more affordable homes and supporting local families and communities. In 2023/24, housing associations built a quarter of all new homes, including three-quarters of new affordable homes.

Housing associations provide affordable, secure homes for local families in your community:

Colwall in Herefordshire

Housing associations harness private and public investment, creating good local jobs and saving taxpayers’ money: 

  • For every £1 of grant, housing associations unlock £4 private investment, generating wealth across the economy. 
  • Housing associations currently have over £136bn of debt facilities in place. 

Research shows building 90,000 social homes would add £51.2bn to the economy and support almost 140,000 jobs, including: 

£3.1Billion

savings in reduced crime

£3.3Billion

Benefit savings

£5.2Billion

NHS savings

£8.9Billion

generated through higher employment

£4.5Billion

in temporary accommodation and homelessness services savings