David Ward
Main Page: David Ward (Liberal Democrat - Bradford East)
Grant Shapps
The hon. Lady is right to draw the subject to the House’s attention. It is sadly true that there were 45,000 fewer affordable social homes in this country following 13 years of her party’s being in power. I have had extensive conversations with colleagues across Government to ensure that, in the next 13 years—or at least in the next four—a significantly greater number of social, affordable and all types of homes will be built across the social and regular housing sectors because this country needs homes, for which the new homes bonus will provide a significant boost.[Official Report, 8 June 2011, Vol. 529, c. 3MC.]
Mr David Ward (Bradford East) (LD)
Does the Minister agree that special measures are likely to be required in areas such as Bradford, which has low market rents, because raising our rents up to the 80% level will yield no additional funds for new social housing starts?
Grant Shapps
Let us be clear that the existing social housing programme continues—£2.2 billion goes into that. An additional amount will go into affordable rent. Affordable rent does not mean 80% of market rent. The key words are “up to” 80% of the local market rent, meaning that in some areas, the figures will be somewhere in between social rent and the market rent, but not necessarily 80%.