Fiscal Policy: Housing Improvement
The question
To ask the Secretary of State for Housing, Communities and Local Government, what fiscal measures her Department has considered to help facilitate the renovation of existing residential sites.
Answered by Matthew Pennycook
The government is committed to supporting estate regeneration schemes to transform neighbourhoods by delivering well designed housing and public space, a better quality of life and new opportunities for tenants.
As of June 2023, grant funding provided through the government’s Affordable Homes Programme 2021-26 can be used to fund replacement homes alongside new affordable homes, as part of wider estate regeneration plans.
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