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

To ask the Secretary of State for Communities and Local Government, how much funding has been allocated for the building of affordable housing in London in each year from May 2010 to May 2019; and if he will make a statement.

Government funding for affordable housing in London is as follows:

2010-11: £1.1 billion (outturn), 2011-12: £712 million (outturn), 2012-13: £400 million (budget), 2013-14: £392 million (budget); 2014-15: £516 million (budget).

However, this understates the total expenditure on affordable housing in this Parliament. Across England, our affordable housing programme in 2011-15 is delivering £19.5 billion of public and private investment in affordable housing; a quarter of the housing is being provided in London.

Total expenditure on housing in the next Parliament will be a matter for the next Spending Review. In that context, I cannot give a precise figure for how much funding will be allocated from 2016-17 onwards: spending from 2016 to 2019 will ultimately be a matter for the next Parliament.

We have put in train an affordable housing programme for London with £1.27 billion of government funding across 2015-18. We have intentionally front-loaded this programme, resulting in an indicative profile of funding of 2015-16: £745 million, 2016-17: £356 million, 2017-18: £169 million. Again, the grant funding understates the total anticipated expenditure on affordable housing. We project that we can deliver a total of 275,000 new affordable homes across England in 2015-20, levering in £38 billion of public and private investment. London’s allocation has not been finalised, but again, it will be a sizeable proportion to reflect its population share.

On 20 February 2015, the Government announced a package of proposals to boost housing and regeneration in London. There will no doubt be further announcements relating to housing investment in London in due course for the years ahead, which this answer by definition cannot illustrate at this point in time.

Following the Localism Act, since April 2012, the Mayor of London has had oversight of strategic housing, regeneration and economic development in London, and therefore, this will also be influenced by the local policies taken forward by the Mayor.