Affordable Housing: Finance

(asked on 17th April 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, for what reasons no funding was included in the Spring Budget for the community housing sector; if he will define Community Housing Fund funding as capital funding; and if he will make a statement.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 24th April 2023

The government recognises the benefits of community-led housing. The sector receives support through the £11.5 billion Affordable Homes Programme (AHP) 2021-26, through which groups - or their partner organisations - registered as providers of social housing may apply for capital grants to support affordable housing. This is the largest investment in affordable housing in a decade.

This is in addition to the £227 million which was made available through the Community Housing Fund, which was launched in 2016 and comprised capital and revenue grants.

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