Muir announces 75% increase of new-build homes to help tackle housing crisis
MUIR has announced a 75% increase in the number of homes it builds as the Association outlines significant plans to help tackle the national housing crisis.
Sam Scott, Executive Director of Operations, has revealed Muir will build up to 75% more new homes each year in a bid to ensure there is adequate affordable housing for people, families and communities.
He says the decision shows a firm statement of intent from Muir to provide homes at a cost people can afford, with the Prime Minister confirming a £2bn funding increase for social housing developments.
“Muir is planting its flag firmly in the ground with regards to the provision of affordable housing,” said Sam (pictured).
“There is a national housing crisis. Housing associations need to seize the moment, and at Muir we believe that the moment is now.
“We want to play our part in ensuring there is sufficient affordable housing for all.”
In her keynote speech at the October 4th Conservative Party Conference in Manchester, Prime Minister, Theresa May, announced an additional £2bn investment in affordable housing, providing funding for which housing associations and councils can bid – taking the total figure available for social housing schemes up to £9bn.
The Prime Minister said: "Whether you rent or buy, everyone needs the security of a place to call home but too many ordinary working families are stuck on council waiting lists, facing unaffordable rents and struggling to save for that first deposit."
She pledged to “support local authorities and housing associations to build a new generation of council homes right across the country."
Currently building an average of 100 homes each year, Muir is now committing to delivering up to 175 new homes annually, including a mix of affordable rent and shared ownership options.