How to manage development risk in social housing delivery

Questions

1 What financial risks do social landlords face if a contractor fails to perform?

2 Are these types of risks becoming more common?

3 What forms of protection might be used to manage development risk?

4 Are there misconceptions in the sector about performance bonds?

5 What other risks are social landlords encountering on development projects?

6 How might the sector address the knowledge gap around these issues?

7 Why does strengthening risk management matter for the sector?

With the government targeting 1.5 million new homes in England before the end of this parliament, and the economy remaining volatile, social landlords are under increasing pressure to expand development programmes while maintaining strong financial control.

Inside Housing hears from Jess Ashworth, housing bond sector lead at not-for-profit consultancy The Housing Bond Alliance, on how social landlords can progress development projects while managing the financial risks of contractor failure and preparing for the proposed retention ban.