Social Rented Housing: Finance
The question
To ask the Secretary of State for Housing, Communities and Local Government, what steps she is taking to increase funding for social housing, in the context of the forthcoming spending review.
Answered by Matthew Pennycook
The government will set out set details of new investment to succeed the 2021-26 Affordable Homes Programme at the Spending Review. 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.
Since October 2024, we have announced £800 million in new funding for the current Affordable Homes Programme. This will support the delivery of up to 7,800 new homes, with more than half of them being Social Rent homes.
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