Social Rented Housing
The question
To ask the Secretary of State for Housing, Communities and Local Government, what steps she is taking to provide funding for social rented housing.
Answered by Matthew Pennycook
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.
We have asked Homes England and the Greater London Authority to maximise Social Rent homes in allocating the remaining Affordable Homes Programme funding.
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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