To ask the Secretary of State for Housing, Communities and Local Government, what the affordable housing budget was in each of the last five years; and what proportion of that budget in each year was allocated to London.
The Government funds affordable housing through the Affordable Homes Programme. It does not announce funding on a yearly basis. The allocations of funding are as follows:
Amount of funding
Affordable Homes Programme 2011 - 2015
Affordable Homes Programme 2015 – 2018*
Shared Ownership and Affordable Homes Programme 2016 - 2021
* In addition to the 2015 - 2018 programme we also announced the Rent to Buy loan scheme of £200 million funding to deliver Rent to Buy homes.
In recognition of the acute needs and affordability pressure, London will be receiving £4.8 billion of the Affordable Homes Programme budget from 2015 – 2022, to deliver at least 116,000 homes by March 2022. This was extended beyond the 2016-2021 programme to allow for additional delivery in London.