Map reading

How should housing associations respond to the tantalising prospect of freedom? In uncharted territory you need something to guide you.

A report last week offers them the chance to buy out their historic grant at a discount and in return win substantial new freedoms over nominations, asset management and rents and the capacity to build many more homes.

The fact that it comes from Policy Exchange has been enough for many people to denounce it as privatisation and it may indeed be another big step towards that. However, this is not quite the free market fundamentalism we’ve come to expect from the think tank that brought us recommendations on selling expensive tenancies and the sale of all housing association homes. Many of the ideas in this report come from housing associations themselves and have been tested in polling of the chief executives and finance directors of 15 of the larger ones. As the contrasting reactions of the NHF and Placeshapers show, the report has sharply divided opinion but many of these proposals have support.

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