Our investment strategy will guide us over the next 5 years, enabling SNG by 2050 to have both grown and improved the condition of our homes, so all are of a standard fit for the future.
It looks at the practical steps to achieve this, what we need to do now and provides a guide to how the capital we employ can be used most effectively to meet our social purpose and safeguard our financial strength.
The strategy outlines that we will have an ambitious development programme and a programme of retrofit that means we will improve the condition of, and decarbonise our housing stock as quickly as is possible.
Key facts and numbers:
- We will invest £7bn into new and existing assets over 10 years.
- We aim to deliver c.2,600 new homes per year.
- We have identified more than 15,000 homes for retrofit.
- Our development programme will be delivered through a mix of SNG-led and Developer-led projects.
- Through the strategy we will have delivered 6,690 new homes with Homes England & GLA Funding through our strategic partnerships.
- By 2034, SNG will grow in scale to approaching 100,000 homes.