Responding to COVID-19: insight, support and guidance
CIPFA CEO Rob Whiteman said:
“The extent of the UK’s housing crisis has been a known issue for quite some time, with government targets in place to build 300,000 new homes per year. However, with many developers putting projects on hold as a result of the ongoing pandemic, this ambition will become increasingly more difficult to realise.
“CIPFA’s new Housing 360 toolkit provides councils with both the reflective and predictive data models needed to plan for the medium to long-term as the full impact of coronavirus on the sector becomes apparent.”
Housing 360, from which this analysis derives, is a suite of new tools from CIPFA that pool an extensive range of housing data, allowing both historic and predictive analysis, to support local authorities in addressing and meeting local housing needs and better understanding their housing resilience.
Richard Norris, Senior Finance Manager – Housing, Central Bedfordshire Council, said:
“The main issue with existing benchmarking tools is the dependence on individual authorities submitting their own data, meaning stats can be inflated or supressed to project a certain view of performance.
“In Housing 360, the data can’t be distorted, giving a more reliable view of how we’re performing against similar organisations. It also makes the data accessible, allowing directors and councillors to extract what they need to make vital decisions on housing in our area.”
For further information please contact the CIPFA press office on T: 020 7543 5737 or E: email@example.com
Our full analysis of national housing trends can be found here: National Housing stats.pdf
In 2018, the government announced it would scrap the Housing Revenue Account borrowing cap on council housing investment, with the intention to provide extra borrowing headroom to support local authorities to build more houses, contributing to the 300,000 per annum target.
The tools included in CIPFA Housing 360 are:
Housing Interactive Profile
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. CIPFA shows the way in public finance globally, standing up for sound public financial management and good governance around the world as the leading commentator on managing and accounting for public money.