The National Housing Federation has said the government needs to reform funding rules to stimulate public investment in social housing and build the 90,000 social homes per year needed to tackle the housing crisis.

Government funding and fiscal rules currently act against investment in longer-term initiatives such as social housing by “distorting financial incentives”, according to the NHF document, Let’s fix the housing crisis, delivering a long-term plan for housing.

The NHF states that the government needs to build 90,000 social homes per year, “in the right location, with the right support for those who need it” to keep up with housing demand and tackle the housing crisis. 

The plan devised by the NHF, which outlines how the government could tackle the housing by 2035, states that every £1 of government investment in building new homes generates up to £6 in private capital.