Spending Review 2010

House of Lords written question – answered on 1st December 2010.

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Photo of Lord Smith of Leigh Lord Smith of Leigh Labour

To ask Her Majesty's Government what forecast they have made of the need for social housing over the period of Spending Review 2010; and how they intend to meet that need.

Photo of Baroness Hanham Baroness Hanham The Parliamentary Under-Secretary of State for Communities and Local Government

The department does not forecast levels of future housebuilding, and delivery will be determined by local housing plans. In the spending review we announced investment of over £6.5 billion in housing. This includes over £2 billion to make existing social homes decent and almost £4.5 billion investment in new affordable housing to deliver up to 150,000 affordable homes. We are giving housing associations much more flexibility on rents and use of assets, so our aspiration is to deliver as many as homes as possible through our investment and reforms. On 22 November we published our consultation document Local Decisions: A Fairer Future for Social Housing, which set out our plans for radical reform of the social housing system. We will be publishing further details on affordable rent in the new year.

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