PARLIAMENTARY WRITTEN QUESTION
Affordable Housing: Construction (25 November 2016)

To ask the Secretary of State for Communities and Local Government, with reference to paragraph 3.5 of Autumn Statement 2016, how many affordable homes to rent will be built in each year from 2017 to 2020; and how many of those homes will be built with a central government grant.

Asked by:
Mr Clive Betts (Labour)

The additional £1.4 billion investment in the Affordable Homes Programme will deliver an estimated additional 40,000 affordable housing starts by 2020/21, increasing the overall capital budget to £7.1 billion up to 2021 to deliver an estimated 225,000 affordable homes.

The flexible programme will fund a mix of affordable housing including affordable homes for rent and low cost home ownership. The actual split of tenures will depend on bids received, based on the assessment of local needs and local housing markets. All homes provided under the programme will be part-funded by a central government grant; this is in addition to other affordable homes delivered without grant and those delivered with Right to Buy receipts.

Answered by:
Lord Barwell (Conservative)
22 December 2016