Housing: Construction and Sales
The question
To ask the Secretary of State for Housing, Communities and Local Government, if she will make an estimate of the amount of capital funding that public sector bodies will spend on (a) building and (b) purchasing houses between July 2024 and July 2029.
Answered by Matthew Pennycook
Local authority capital expenditure and financing estimates for the current financial year can be found on gov.uk here.
At the Spending Review, we announced £39 billion for a successor to the Affordable Homes Programme over 10 years from 2026-27 to 2035-36. Further detail can be found in the Written Ministerial Statement made on 2 July (HCWS771).
The government is also providing £950 million capital for the fourth round of the Local Authority Housing Fund - the largest round of the fund to date – to deliver up to 5,000 homes.
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