PARLIAMENTARY WRITTEN QUESTION
Social Rented Housing: Finance (28 November 2017)
Question Asked
To ask the Secretary of State for Communities and Local Government, with reference to Autumn Budget 2017, how much funding has been allocated for the provision of new social housing.
Asked by:
Mr Clive Betts (Labour)
Asked by:
Mr Clive Betts (Labour)
Answer
The Prime Minister recently announced an additional £2 billion funding for affordable housing, including for social rent homes in areas of high affordability pressure. This has increased the Government’s Affordable Housing Programme 2016-21 budget to more than £9 billion and will deliver tens of thousands of new homes.
As the funding for social rent will be focused on areas with acute affordability challenges, the amount of funding given out will be dependent on the bids received.
My Department is also working on a social housing green paper that will consider the wider issues facing the sector.
Answered by:
Lord Sharma (Conservative)
1 December 2017
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