How will developing housing associations cope with extra costs? An interview with Geeta Nanda

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New G15 chair Geeta Nanda talks about bigger bills for housing associations and the likely impact on development

The G15 group of the largest housing associations in London is never shy about stressing its members’ contribution to house building in the capital.

The group has regularly boasted of building a quarter of all of London’s new homes and the fact it owns or manages more than 600,000 homes. Last year, its members completed 7,033 homes, providing around 44% of all homes built in the capital during the pandemic.

However, housing associations are now facing extra costs from building safety, decarbonisation amid a recovery from the pandemic. How will they cope?

This is a key question for Geeta Nanda as she takes over as chair of the group, which actually numbers 11 members these days rather than 15 due to mergers over the years (the number will presumably drop to 10 if Peabody’s takeover of Catalyst goes ahead as planned.)

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