Affordable Housing: Expenditure

Treasury written question – answered on 30th October 2018.

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Photo of Mark Hendrick Mark Hendrick Labour/Co-operative, Preston

To ask the Chancellor of the Exchequer, how much the Government has spent on affordable housing in the last (a) year and (b) five years.

Photo of Elizabeth Truss Elizabeth Truss The Chief Secretary to the Treasury

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:

  • Affordable Homes Programme 2011 – 2015 £4.5 billion

  • Affordable Homes Programme 2015 – 2018* £2.9 billion

  • Shared Ownership and Affordable Homes Programme 2016 – 2022 £9.1 billion (including £1 billion of commitments from the 2015 – 18 programme).

    (* 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.)

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