Brexit: Affordable Housing

Baroness Andrews Excerpts

Thursday 21st December 2017 Lords Chamber

[Lord Bourne of Aberystwyth]

My Lords, the Government are focused resolutely on the future as to how we ensure that we get a very good deal that is very much in the interests of the UK and the deep and special partnership with the European Union that we seek. As he will know, negotiations have turned a corner; we seem to be on a very firm footing to ensure that we get that deep and special partnership with the European Union, and negotiations go on on that basis.

[Baroness Andrews (Lab)]

My Lords, can I bring the Minister back to the question that my noble friend asked about the £1 billion that we get from the European Investment Bank? Unfortunately, he did not answer the question. How is he going to replace it, and what can we expect the mechanism to be for that additional social housing that we so badly need?

[Lord Bourne of Aberystwyth]

My Lords, the noble Baroness will know that it is not quite as simple as she makes it sound. It is not £1 billion that comes from nowhere; it comes in relation to the fact that we pay into the European Union as well as take out. So I remind the noble Baroness gently that it is not quite as simple as she makes it sound.

I did answer the question by saying that there was obviously a gap that needs plugging. We are doing that in terms of measures in the Budget that she will be aware of on homelessness. We have £1 billion committed to tackling homelessness and rough sleeping. That is a significant measure to tackle a deep-seated problem. She will also have heard me say that this is not just an issue for government; it is an issue for local authorities, our partners and for individuals.