Housebuilding: Government Targets

Lord Grocott Excerpts

Monday 16th January 2023 Lords Chamber

[Lord Grocott (Lab)]

My Lords, does the Minister not recognise that it is not just the absolute number that is important but the type of tenure? What is crystal clear for anyone who looks at the figures is, in effect, the collapse of availability of social housing in this country. Until the Minister can show us a plan by the Government to try to restore that as a proportion of the total number of households in the country, we will not meet the acute need as required.

[Baroness Scott of Bybrook (Con)]

The noble Lord is absolutely right, but we are investing £11.5 billion through our affordable homes programme to deliver up to 180,000 more affordable homes. A large number of these will be available for social rent. Also, the Government have provided a range of tools to help councils deliver more homes, particularly in this sector. They include the councils’ freedom on how to spend the money received from the right-to-buy sales. The Government also abolished the housing revenue account borrowing cap in 2018, allowing councils to borrow more money to build more homes.