Social Rented Housing: Construction
The question
To ask the Secretary of State for Housing, Communities and Local Government, how she plans to roll out additional funding for social homes announced in the Autumn Budget 2024.
Answered by Matthew Pennycook
At the Budget on 30 October 2024, the Chancellor announced a one year top up of £500 million to the Affordable Homes Programme.
Bidding is already open to local authorities and other social landlords through Homes England and the Greater London Authority.
In addition, at the multi-year Spending Review, the government will set out details of new investment to succeed the 2021-26 Affordable Homes Programme. This new investment will deliver a mix of homes for sub-market rent and homeownership, with a particular focus on delivering homes for Social Rent.
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