Can Labour Unlock Capital to End the Temporary Accommodation Crisis?

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 Living Markets Editor 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.