News

MTVH tenancies generate £1bn in social value – new report

26 September 2025

Summary: We have published our 2024/25 Community Impact and Sustainability Report, revealing that our social tenancies have provided £1bn in economic value during the past year

We have today published a finding that our social tenancies generated £1bn in economic value during 2024/25.

This figure was published as part of our Community Impact and Sustainability Report 2025, launched today, which also marks the halfway point in our 10-year strategy: Our Sustainable Future 2020-30. The report sets out the difference our work is making to residents and the communities it serves.

The figure, calculated using the Value of a Social Tenancy (VOST) methodology, reflects the wide-ranging societal benefits of our housing model. These include:

  • £660m in public service savings, such as reduced NHS and police costs.
  • £377m in economic contribution from building and maintaining homes.
  • An average of £34,426 in social value per tenancy.

The report also details how, in conjunction with a range of partnership organisations in finance, supply chains, and those providing financial support, we are building new, energy efficient homes, maintaining and improving existing homes, and supporting residents to sustain their homes. Through this partnership working, the report highlights how we have:

  • Achieved £3.4m of financial gains for residents through support services such as money advice, careers guidance, youth programmes, and warm spaces.
  • Built 544 new homes over the last year, with 86% achieving EPC B energy efficiency rating.
  • Ensured 82% of directly managed homes now meet EPC C or better, reducing emissions and lowering energy bills.
  • Retrofitted 439 homes to improve energy efficiency.
  • Spent £2.2 million with SMEs, supporting local economic growth.
  • Reduced emissions by 21.3% from our inhouse repairs service Metworks’ vehicle fleet.
  • Overseen a 2.5% improvement in the gender pay gap across the organisation.

The report also highlights our commitment to tackling energy poverty. In 2024/25,  we supported 1,314 residents, exceeding our target of 1,000. Additionally, 4,500 residents engaged with our winter campaign, which included warm hubs in nine community centres and targeted support for children, young people, and older residents.

This year has also seen the launch of our charity, the Molly Huggins Foundation, with an ambitious target of investing £75 million in community impact projects such as homelessness prevention, safe streets, career opportunities for young people, and energy and food support, over the next decade.

Publication of the report follows yesterday’s government announcement of the “Pride in Place” Programme, investing in over 330 communities across England. Empowering communities, as this report demonstrates, is a core function of affordable housing providers such as ourselves and we look forward to continuing to work with the government to drive growth in local community spaces and affordable housing that this programme will spark.

Mel Barrett, MTVH Chief Executive, said:

“MTVH’s 2025 Community Impact and Sustainability Report marks yet another year of progress towards our community impact and sustainability goals, with over £1bn of social value generated through our social tenancies. This is testament to enormous potential of providers of affordable housing, and the real life, positive impact which we are having on the lives of residents and the communities in which we operate.

“The dedication, commitment and skill of our colleagues, in conjunction with a wide range of partners, have been essential to the progress we have made and which we will build upon in the future.

“We look for to strengthening these partnerships whilst building new ones to continue investing in the work which will help residents to live well and communities to prosper.”