Part of Housing, Communities and Local Government – in the House of Commons on 16th November 2020.
The Government are investing £12.2 billion in affordable housing over the next five years from next year. That includes £11.5 billion for the affordable homes programme, which we anticipate will provide up to 180,000 new affordable homes, should economic conditions allow. Furthermore, at spring statement 2019 we announced a new £3 billion affordable homes guarantee scheme, which will build on the success of the existing £3.24 billion scheme and support the delivery of new build affordable homes.