Minister insists private equity is welcome in social housing sector
A minister and a senior official have welcomed the growth of equity investment in the social housing sector, despite concerns over the impact of private companies in public services such as social care.
Social housing minister Baroness Scott told MPs all forms of investment should be considered to boost supply because the days of just using Government grants and local authorities “have gone”.
The chief executive of the Government’s housing agency Homes England, Peter Denton, also backed the involvement of profit-driven entities in the social housing market
