Question to the Ministry of Housing, Communities and Local Government:

To ask His Majesty's Government, with reference to the Spending Review 2025 (CP1336), what is the monetary value of the Affordable Homes Programme over the 10-year period, adjusted for (1) the GDP deflator, and (2) the Treasury’s Social Time Preference Rate as set out in the Green Book.

At the Spending Review, the Chancellor confirmed £39 billion for a successor to the Affordable Homes Programme over 10 years from 2026-27 to 2035-36. The Spending Review document sets out that spend on the AHP will reach £4 billion per year in 2029-30 and rise in line with inflation subsequently.

Up to 30% of the funding over the programme will be delivered by the Greater London Authority (GLA) in London, with at least 70% available for the rest of England via Homes England, depending on the level of future bids.

Government does not usually publish year-by-year spend on specific programmes in advance.

We have announced the overall funding commitment for the Social and Affordable Homes Programme and will continue to publish departmental capital spend figures on an annual basis.