I was also glad to bring in the Key Worker Living
Initiative which gave equity loans to helps nurses, teachers, firefighters and social workers the chance of buying a home in London and the South East.
9 Housing: The DCLG issues Evaluation of Key Worker Living
: Final Report, an evaluation of the Key Worker Living
programme, addressing recruitment and retention problems for public sector 'key workers' in areas of high-cost housing.
But there were promises to give first-time buyers more support in the form of strengthening the existing home ownership schemes, such as the Key Worker Living
Schemes and Shared Ownership, and all of these schemes will give buyers a much-needed first step up the property ladder.
Their only option at the moment is the very limited Key Worker Living
subsidies offered through specified housing associations.
He urged the Assembly to copy the government which backed low cost housing for public sector workers in its Key Worker Living
Scheme in south east England.
The Office for the Deputy Prime Minister runs the key worker living
project in London, the South-East and the East to help public sector workers afford to live in the area by providing loans, help with rent and shared ownership schemes.
But how does the government's Key Worker Living
programme work, and who is eligible?
I was thinking about this when I read the recent story about the Government's Key Worker Living
housing scheme, which--despite a budget of 725 million [pounds sterling]--has led to a situation in London where a third of key worker housing is standing empty, half of it for more than three months.
The Key Worker Living
Scheme offers help to public sector workers to buy or rent homes.
THE Key Worker Living
Scheme helps teachers, health workers, police officers and those delivering essential frontline services buy homes in London and the South.
To increase the pace of change, and deliver some of the most pressing short-term objectives, some well-intentioned, but ill-thought-through initiatives (such as Key Worker Living
initiative grants/loans) have had some adverse unintended consequences.
Workers such as nurses, teachers, police officers and ambulance staff qualify for the Government's Key Worker Living
Scheme which offers help with buying affordable housing.