Affordable Housing: Construction
The question
To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 16 December 2024 to Question 16935 on Affordable Housing: Construction, how many homes of each type of tenure will be delivered from the £500 million additional funding; and what the estimated average grant subsidy is per unit required under each type of affordable housing tenure.
Answered by Matthew Pennycook
The government has made clear that it expects the £500 million in new funding for the Affordable Homes Programme announced in October 2024 to deliver up to 5,000 homes.
As set out in my answer to Question UIN 16935 on 16 December 2024, the government will continue to work with Homes England and the GLA to support them to deliver a mix of homes for sub-market rent and home-ownership, with a particular focus on delivering homes for Social Rent.
While the funding in question remains open to bidding, the matter of average grant rates per home is a commercially sensitive one.
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