13
Accepted in Part
It is time for the Government to invest so the country can build 90,000 social...
Recommendation
It is time for the Government to invest so the country can build 90,000 social rent homes a year. We appreciate that even with the funding we set out below, any programme will take time to scale up, but we expect the Government should be able to increase delivery to 90,000 within five years.
Government Response Summary
The government has announced a £12bn investment, including an £11.5bn Affordable Homes Programme aiming to deliver up to 180,000 affordable homes by 2025/26, with half designated for Affordable and Social Rent, but does not commit to 90,000 social rent homes per year.
Paragraph Reference
90
Government Response
Accepted in Part
Government Response
Accepted in Part
HM Government
Accepted in Part
The Government recognises the need to increase housing supply across all tenures. The Chancellor announced a £12bn investment in Affordable Housing at the Budget in March 2020, which will provide new homes up to 2025/26. The new £11.5bn Affordable Homes Programme will deliver up to 180,000 affordable homes if economic circumstances allow, and half of the homes in this new programme will be for Affordable and Social Rent, to help those in the greatest need, with 10% of delivery used to increase the supply of much needed specialist or supported housing.
Source
Report
3rd Report: Building more social housing
27 Jul 2020
HC 173
Addressee Bodies
Ministry of Housing, Communities and Local Government
Timeline
Recommendation age
6.0 yrs
Report published
27 Jul 2020