Affordable Housing: Construction
The question
To ask the Secretary of State for Housing, Communities and Local Government, with reference to the written ministerial statement of 30 July 2024 entitled Building the homes we need, HCWS48, what changes have been made to the (a) estimated number of new affordable units, (b) the tenure, and (c) completion dates, relative to the original targets for the 2021-26 Affordable Housing Programme in London.
Answered by Matthew Pennycook
In 2020, the previous government announced that the 2021-26 Affordable Homes Programme would achieve “up to 180,000 homes, should economic conditions allow”. Upon taking office, this Government discovered than the 2021-26 AHP is now expected to deliver between 110,000 and 130,000 affordable homes, broken down as follows:
a. At least 40,000 social rent homes
b. 44,000 – 56,000 affordable homes for ownership
c. 5% of delivery for supported housing
d. 5% – 10% of Homes England delivery for rural housing
In July, we announced a year’s extension to the completions deadline of homes built in London through the programme, from March 2029 to March 2030.
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