Can Labour Unlock Capital to End the Temporary Accommodation Crisis?

By SimplyPhi

Will Labour’s Housing Agenda Unlock Enough Institutional Capital to Bring an End to the Temporary Accommodation Crisis?

Date and time

Location

Meeting Room 4, Premier Meetings, Albert Dock

Premier Meetings Liverpool Albert Dock Premier Inn Liverpool L3 4AD United Kingdom

Good to know

Highlights

1 hour
In person

About this event

Temporary accommodation is swallowing up council budgets. In 2023-24, English councils paid more than £2.1bn for temporary accommodation, millions of which was spent on costly and unsuitable nightly accommodation including hotels and B&Bs, which were never intended to be used as long-term homes.

While Labour has committed to speeding up the delivery of affordable housing across the country, local authorities are already reaching breaking point. With demand only increasing, we need a solution that addresses the emergency housing need now.

If we are serious about addressing this crisis, Labour must consider how we can leverage institutional capital from the private sector.

Join our panel of experts at this Labour Party Conference Fringe Event, chaired by Inside Housing journalist James Riding and hosted by SimplyPhi, to discuss how institutional capital could be the missing piece to scaling up our national portfolio of temporary accommodation, to get people on the path to a permanent home.

Organized by

SimplyPhi

At SimplyPhi, we help local authorities, housing associations and other public sector bodies meet the demands of the ever-growing housing crisis by sourcing, acquiring, and renovating homes for those most in need. Every property we deliver is safe, warm, and affordable designed to give vulnerable households a fresh start. Since 2021, SimplyPhi has delivered over 600 homes and raised more than £150 million in capital for social housing projects across the UK.