Oral Answers to Questions Debate
Full Debate: Read Full DebateLouise Haigh
Main Page: Louise Haigh (Labour - Sheffield Heeley)Department Debates - View all Louise Haigh's debates with the Department for International Development
(8 years, 11 months ago)
Commons Chamber4. What assessment he has made of the adequacy of Government investment in affordable housing.
13. What recent progress his Department has made on increasing the provision of affordable housing.
We have successfully delivered 270,000 affordable homes since 2010. More specifically, the 2011 to 2015 affordable homes programme delivered 193,000 affordable homes, exceeding expectations by some 23,000.
It is no surprise that the Minister is so keen to crow about his numbers of affordable homes, but I can assure him that, in Sheffield, £250,000 is not considered affordable. Will he therefore introduce a statutory definition of affordability based on average income, not market rate?
I think the hon. Lady is referring to the maximum price for a starter home. If she looks, she will see that the average paid by first-time buyers is dramatically lower, which, along with the 20% discount we are introducing for starter homes linked to Help to Buy, makes buying a home affordable again for more people.