Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with the Chancellor of the Exchequer on the long-term funding measures needed to support the decarbonisation and retrofit of the UK’s existing social housing stock.
Our Manifesto committed to a £3.8billion Social Housing Decarbonisation Fund over 10 years.
The Summer Economic Update announced a £50 million fund to demonstrate innovative approaches to retrofitting social housing at scale. The Demonstrator project is a short-term investment to learn lessons and innovate. A further £60 million has been allocated at the Spending Review (SR) to continue the development of the scheme into next year, in line with Manifesto commitments, and further funding will be confirmed at the multi-year SR.