An integrated pipeline of local housing sites is essential to support delivery. Housing associations are working together with local authorities to make a combined multiple development offer which will have a greater impact than individual delivery.
In Birmingham, demand for general housing and older persons housing needs to be delivered as well as housing for build to rent and student housing.
The government focus on local needs, communities and place is welcomed. The Budget announcement of the direction of 300,000 new homes by the mid-2020s effectively requires a 50% increase in delivery.
The definition of ‘high demand’ areas where local authority investment caps will be lifted post Budget could stimulate delivery when it is introduced but the real issue is the maintenance of adequate rent levels so that housing associations and councils can invest in and cross subsidise new opportunities.
There are opportunities for modular and volumetric construction. The model also helps to support and retain a dedicated workforce. New entrants are relying on a link-up with larger well known contracting firms to get access to opportunities.
Featured image: courtesy of whg