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Labour chair of housing committee calls for urgent funds for affordable homes in England

Labour chair of housing committee calls for urgent funds for affordable homes in England

Summary

The Labour chair of the Commons housing committee is asking Chancellor John Healey to speed up spending on social and affordable homes in England. Housing groups say they can build tens of thousands more homes if they receive more government funding soon.

Key Facts

  • The Social and Affordable Homes Programme (SAHP) has £39 billion planned for affordable housing in England.
  • Housing associations say they could build 41,000 extra homes outside London over 10 years with more funding.
  • These extra homes would help the government move closer to its goal of 1.5 million new homes this parliament.
  • The first £10 billion of the SAHP was allocated for mixed types of homes, including affordable rents and shared ownership.
  • Housing associations requested more money to build more social rent homes but did not get full funding.
  • The government plans to allocate £6 billion immediately for London homes but will give out the rest after the next election.
  • The National Housing Federation (NHF) says an extra £5.3 billion is needed to build the additional homes proposed by housing associations.
  • The Ministry of Housing says nearly £10 billion has been announced to start building over 70,000 affordable homes across England.
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