Housing: Finance
The question
To ask the Secretary of State for Housing, Communities and Local Government, with reference to the Written Statement of 12 February 2025 on Further support for social and affordable housebuilding and next steps on supported housing, HCWS447, if she will list the (a) tenure types and (b) estimated average grant subsidy per unit of the 2,800 homes.
Answered by Matthew Pennycook
On 12 February 2025, the government announced the allocation of a further £300 million to the Affordable Homes Programme. This will support the near-term delivery of more social and affordable housing, delivering up to 2,800 new homes with more than half being Social Rent 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 Greater London Authority (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 this funding remains open to bidding the average grant rates per home are commercially sensitive. The final grant rate and mix of tenure types will also depend on the bids received, and assessment of them, by Homes England and the GLA, including assessing deliverability and value for money.
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