Labour in Government have made real progress since 1997 on housing, including:
· Over a million more home owners;
· £20 billion investment to deliver major improvements in social housing conditions lifting over one million children out of cold, damp or poor housing; and
· Action to cut homelessness by two thirds.
But we need to respond to today’s challenges and pressures.
The failure of housing supply to keep up with demand has led to a doubling of house prices in real terms. The number of households is projected to grow at 223,000 a year; however our housing stock is growing by only 185,000 a year. Still too many young couples are struggling to get a foot on the housing ladder and too many families are making do in unsuitable conditions.
Labour’s Housing Green Paper outlines new investment, targets and proposals as part of a radical programme to meet Gordon Brown’s announcement of three million more homes by 2020. It will accelerate action to tackle wealth and housing inequality and support the aspirations of hard-working families, young people and communities.
Our key proposals for housing include:
· Investing £8 billion programme for affordable housing in 2008-11, a £2.5 billion increase compared to previous three years;
· More homes to meet growing demand - 3 million new homes by 2020 - backed by ambitious building targets, increased investment and new ways of identifying land for development.
· More affordable housing - at least 70,000 more affordable homes a year by 2010-11, including 45,000 social homes a year and a goal of 50,000 social homes a year in the next spending review
· Building homes more quickly - unblocking the planning system and releasing land for development. New incentives for councils and developers to bring forward land more quickly
· Well designed and greener zero carbon homes - with higher environmental standards designed to link to the transport, schools and health infrastructure.
· Maintaining sustainable communities – through reinforcing guidance to prevent inappropriate development in flood risk areas and maintaining the existing policy on the green belt.
By 2020 Labour will have built an extra three million homes – but what else do you think we should be doing to support the housing aspirations of hard working families?