Social Rented Housing: Finance
The question
To ask the Secretary of State for Housing, Communities and Local Government, how the funding commitments for social housing will be (a) allocated for and (b) accessed by (i) local authorities and (ii) developers.
Answered by Matthew Pennycook
I refer the hon. Member to the Written Ministerial Statement made on 2 July (HCWS771).
In awarding contracts under the new Social and Affordable Homes Programme, Homes England and the GLA will assess the need for grant on the basis of bids from social housing providers, including local authorities, considering what is needed to make projects viable, and the overall value for money for the programme.
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