Expanding and reforming the role of the Local Government Pension Scheme in driving affordable housing
Pensions
Driving affordable housing
In 2025, in spite of a challenging global environment and greatly restricted public purse, there is a national opportunity for investing in growth, hinging on effective utilisation of the large surplus held in the Local Government Pension Scheme (LGPS). This report, produced by think tank, Localis, in collaboration with Isio and Local Partnerships, puts forward the case that, by creating appropriate investment vehicles and funding principles, and providing clear government incentives and support, the LGPS can become a significant source of patient capital for addressing the UK’s chronic under-investment in genuinely affordable and social housing, ultimately contributing to both social prosperity and national economic growth.
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Steve Simkins
Partner
Katy Taylor
Director
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