NHF response to the Chancellor's Budget 2021

In response to the Chancellor's Budget 2021, Kate Henderson, Chief Executive of the National Housing Federation, says:  

“This budget is an important step in helping the country get back on its feet, as we navigate our recovery from the pandemic. 

"Housing associations see every day how the Universal Credit uplift provides much needed relief for those living on the lowest incomes - so its short-term extension is welcome. This extra £20 a week helps families buy enough food to feed themselves and pay their rent. That said, we are concerned that families and children will face the same risk of financial hardship in six months' time, when the effects of the crisis will still be felt.  

"It's good to see the government bring forward exemptions to the shared accommodation rate, ensuring independent living is more affordable for people under 25 who have experienced homelessness and care leavers. This will also help people to move on from emergency accommodation more easily. Extra funding to support survivors of domestic abuse is also welcome news and we’ll look forward to seeing more detail on this.

"The announcement of a new MMC taskforce is positive, as well as the focus on helping people get onto the housing ladder. We must not forget for those on the lowest incomes who cannot afford to buy their own home, building more social housing in the coming years will also be crucial to recovery.”