PARLIAMENTARY WRITTEN QUESTION
Housing: Construction (26 November 2015)
Question Asked
Asked by:
Mr Clive Betts (Labour)
Answer
The Spending Review and Autumn Statement made last week reaffirmed this Government’s commitment to keeping the country building, to delivering the homes communities want and supporting hard-working people who aspire to own their own home to be able to do so.
Over £20 billion was secured for housing from the Spending Review. This includes £8 billion to deliver over 400,000 affordable starts, and a further £12 billion of housing investment which will support our 1 million homes ambition by 2020/21.
The Spending Review package announced last week supports a variety of tenures, including affordable homes for rent, shared ownership schemes and starter homes. It also supports home ownership through supporting custom build, the extension of Help to Buy, and extending the Right to Buy to tenants of housing associations.
Precise splits between differing types of tenure will depend on the nature and quality of bids recieved for new funding programmes, and on the type of sites coming forward.
Answered by:
Sir Brandon Lewis (Conservative)
1 December 2015
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