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Will the government's £2bn affordable housing top-up make a difference?

Summary by City AM

The government has ploughed a ‘top-up’ investment of £2bn into the UK’s affordable housing sector as part of its pledge to revitalise residential construction. Officials say it will get working people and families into secure homes, while detractors say it doesn’t go far enough and might even be less money than the sector had anticipated. Critics say that the £2bn pledged is less than the previously-planned investment from the last government. T…

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Northern Housing Consortium

Housing Minister announces £2 billion of new Affordable Homes Programme funding

On 25th March, the government announced a £2 billion top up and one year extension for the Affordable Homes Programme, aiming to deliver a further 18,000 new social and affordable homes. Following this, the Housing Minister, Matthew Pennycook, has written to all housing association chief executives, through the Northern Housing Consortium, National Housing Federation and […]

12 days ago

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City AM

Will the government's £2bn affordable housing top-up make a difference?

13 days ago·London, United Kingdom

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Roofing Today

£2 Billion Boost for Social and Affordable Housebuilding - Roofing Today

THE CHANCELLOR has announced a £2 billion injection of funding to deliver up to 18,000 new social and affordable homes. It will only fund development of sites that will deliver homes in this Parliament. It comes ahead of longer term investment in social and affordable housing planned later this year, which will provide additional funding for 2026-27 and beyond. The majority of the funding will fall in 2026/27, but a tail of funding will cover co…

13 days ago

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Housing Today

Reeves announces extra £2bn for affordable homes

Sector welcomes grant funding, which is intended as a ’bridge’ between current programme and future grant to be announced in June

13 days ago

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easterneye.biz

Government to invest £2 billion in 18,000 affordable homes by 2029

THE UK government on Tuesday announced a £2 billion investment to build up to 18,000 social and affordable homes in England. The initiative is part of its broader target to deliver 1.5 million homes by the end of the current parliament and support economic growth.Construction is scheduled to begin in March 2027 and be completed by 2029, the government said.Prime minister Keir Starmer’s Labour Party has prioritised housebuilding as a key part of …

13 days ago

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Your Harlow

£2 billion new investment to support biggest boost in social and affordable housebuilding in a generation say government - Your Harlow

HELPING hard working families get safe and secure homes and kickstarting economic growth are driving the government’s agenda, as the Chancellor and Deputy Prime Minister today (Tuesday 25 March) announced up to 18,000 new social and affordable homes will be built with a £2 billion injection of investment to deliver the Prime Minister’s Plan for Change. The announcement hails a significant milestone on the government’s promise to build 1.5 millio…

13 days ago

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