To ask Her Majesty’s Government how the £20 billion they plan to spend on housing investment during this Parliament will be broken down between the various categories including affordable homes for rent and starter homes to buy.
The £20 billion of housing investment announced in the last Spending Review includes:
£8 billion to deliver 400,000 affordable housing starts;
£8.6 billion to extend the Help to Buy: Equity Loan scheme to 2021 – supporting 145,000 families into new homes;
£1 billion fund for small and custom builders to support delivery of up to 25,500 new homes;
£1.1 billion public sector land programme to support release of land for 160,000 homes delivering a mix of housing; and
£2 billion for infrastructure support and other long-term investment to unlock or accelerate a pipeline of 160,000 to 200,000 homes, included within the £12 billion Local Growth Fund, and delivering a mix of housing.