Affordable Housing: Construction
The question
To ask the Secretary of State for Housing, Communities and Local Government, how many homes for (a) social rent, (b) affordable rent and (c) low-cost ownership she expects to be built under the Affordable Homes Programme 2021 to 2026.
Answered by Matthew Pennycook
My department published an update on targets in respect of the 2021-26 Affordable Homes Programme on 30 July 2024. It can be found on gov.uk here.
In October 2024, the government announced £500 million in new in-year funding for the Affordable Homes Programme. As a result of significant demand from housing providers across the country, that additional funding is already oversubscribed.
In February 2025, the government announced a further allocation of £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.
At the multi-year Spending Review later this year, 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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