Housing association’s freeze on new development will last until financial circumstances improve, boss says

By Daniel Gayne2024-09-18T11:55:00

Southern Housing chief executive says this is the “toughest time” for housing association finances he can remember

The chief executive of Southern Housing has said the housing association’s halt to new development beyond its committed programme will last until its cash interest cover has improved.

Speaking at Housing Today Live in Westminster this morning, Paul Hackett explained that, in his 35 years working in the sector, this was the “toughest time” for housing association finances since the introduction of mixed funding in 1988

This content is available to registered users | Already registered?Login here

You are not currently logged in.

To continue reading this story, sign up for free guest access

Existing Subscriber? LOGIN

REGISTER for free access on selected stories and sign up for email alerts. You get:

Up to the minute architecture news from around the UK
Breaking, daily and weekly e-newsletters

Subscribe to Building Design and you will benefit from:

Unlimited news
Reviews of the latest buildings from all corners of the world
Technical studies
Full access to all our online archives
PLUS you will receive a digital copy of WA100 worth over £45

Housing association’s freeze on new development will last until financial circumstances improve, boss says

This content is available to registered users | Already registered?Login here

To continue reading this story, sign up for free guest access

Subscribe now for unlimited access.