After taking input from more than 60 prominent organisations and individuals, a new report has called on housing associations in the North to tackle the region's budding housing crisis.
The Future Shape of the Sector commission - chaired by former Cabinet Secretary, Lord Andrew Turnbull - aims to shape how housing associations can and should contribute to the communities they serve now and in the 2020s.
After consulting key players in the sector from the North West, the commission has today released their Building Homes, Building Trust report, which has called for long-term investors in the region's communities, arguing that Housing Associations have the flexibility to operate in the varied housing markets in ways other developers can not
"The impact of the housing crisis is more evident than ever," said Lord Turnbull. "This crisis has been a generation in the making and will take a generation to fully unwind.
"Housing Associations therefore have a crucial role to play in alleviating the stress on the market and delivering social rented and affordable homes," he added, with the Greater Manchester Housing Providers (GMHP) proving an example to follow, with the GMHP owning more than 250,000 homes and having built more than 8,000 in the last five years.
“As long-term investors in communities, housing associations are uniquely placed to respond to the specific needs of communities," Lord Turnbull continued. "Housing associations can deploy capital and wait for it to provide a return through the general economic uplift. This allows for on-going and stable investment in local people and communities, which has the ability to reinvigorate communities across the North.”