Tackling the housing crisis
Setting up housing companies to deliver high-quality housing
Telford and Wrekin Council, Blackpool Council, Barking and Dagenham Council, Durham County Council
Labour councils across the country have been setting up housing companies to deliver quality council-owned housing for local residents. As an example, Telford and Wrekin Council have set up NuPlace to deliver 420 homes for private rent by 2020, bringing income to the council and bringing brownfield sites back into use.
Blackpool Council have set up the Blackpool Housing Company which acquires, converts and refurbishes homes for rent. Since 2016 it has brought 250 homes into the rental market, and it aims to have 1000 properties after the first ten years of operation. It also has started managing services for the wider rental sector.
Barking and Dagenham Council are using their housing company Reside to provide more affordable private rented sector properties than any other London borough. Reside now manages 600 properties across the borough with another 2,000 in the pipeline across 40 sites in the borough.
Chapter Homes is the house building company established by Durham County Council in 2015 to ensure the Council utilises its land bank effectively and delivers quality homes to meet local expectations - it will deliver upwards of 1000 new homes throughout County Durham.