Housing

That the Parliament recognises the difficulties that the current economic climate presents for those in need of affordable housing; believes, in light of the severe constraints on public expenditure, that this challenge can be addressed only through the development of innovative and creative measures to provide a range of high-quality sustainable homes that people can afford and that meet their needs; notes with approval initiatives such as the National Housing Trust and the Investment and Innovation Fund; welcomes the willingness of local authorities, registered social landlords and developers to participate in these initiatives, and congratulates them on working together innovatively to deliver the maximum number of affordable homes in these testing circumstances.