PARLIAMENTARY WRITTEN QUESTION
Affordable Housing: Construction (16 July 2020)
Question Asked
Asked by:
James Murray (Labour)
Answer
At Budget 2020 the Government announced we are investing £12.2 billion to build affordable homes between 2021/22 and 2025/26.
Of this, £9.5 billion is new funding and £2 billion is for long-term strategic partnerships previously announced in September 2018.
This will form the new Affordable Homes Programme. A further £700 million was already allocated as part of the 2016-22 Affordable Homes Programme.
The existing Affordable Homes Programme?will be extended by one year. This will help to mitigate the impact of site closures due to COVID-19.
Answered by:
Christopher Pincher (Independent)
21 July 2020
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.