 |
answer text |
<p>Affordable housing is a top priority for the Government and we believe that the
key to improving availability and affordability for all tenants, including older renters,
is to build more homes for rent. Institutional investment in purpose-built privately
rented homes is increasing, with over 29,000 homes delivered since 2012, and around
110,000 in the pipeline.</p><p>We are also committed to making housing for rent more
affordable now. This includes banning lettings fees paid by tenants and capping tenancy
deposits with the Tenant Fees Act, which will come into force on 1 June 2019.</p><p>The
Government is supporting those in receipt of housing benefit who are most in need,
including older renters, through Targeted Affordability Funding. This fund provides
a top-up in LHA rates for areas where affordability pressures are greatest, providing
a Discretionary Housing Payment fund for Local Authorities to protect the most vulnerable
claimants.</p>
|
 |
