The Housing Finance Corporation (THFC) is backing a report by Housing Today and the G15 calling for affordable housing funding reform.

Priya Nair, chief executive of THFC, a non-profit organisation which issues bonds on behalf of social landlords, said the State of the Capital report’s recommendations “demonstrate just the kind of thinking our sector urgently needs”.

The report makes several recommendations for boosting affordable housing delivery. It suggests an amortised grant funding model could help London’s housing associations commit to development while making it easier for the cash-strapped government to invest in affordable housing.