Affordable Housing: Construction

(asked on 10th March 2021) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, what plans he has to build more affordable homes and reduce social housing provider waiting lists.


Answered by
Christopher Pincher Portrait
Christopher Pincher
This question was answered on 18th March 2021

The Government is committed to increasing the supply of affordable housing and is investing over £12 billion in affordable housing over 5 years, the largest investment in affordable housing in a decade. This includes the new £11.5 billion Affordable Homes Programme, which will leverage up to £38 billion of private finance and provide up to 180,000 new homes across the country, should economic conditions allow.

Approximately 50% of the homes delivered will be for affordable home ownership, supporting aspiring homeowners to take their first step on to the housing ladder. We will also deliver more than double the homes for social rent compared to the current programme, with around 32,000 social rent homes due to be delivered.

Furthermore, our £9 billion Shared Ownership and Affordable Homes Programme, running to 2023, will deliver approximately 250,000 new affordable homes.

Since 2010, we've delivered over 517,100 new affordable homes, including over 365,800 affordable homes for rent, of which 148,000 homes for social rent.

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