Research carried out by the LGA and Capital Economics demonstrates how new social housing benefits tax payers from returned income through rent and saves money on housing benefit payments.
Specifically, for every £1 invested in a new social home, £2.84 is contributed to the wider economy.
In addition, every new social home saves £780 per year in Housing Benefit payments.
→ Local Government Association - Potential £320 billion windfall from new generation of high quality social housing
Sign up to our newsletter to receive all the latest news and updates.