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Homes England: Finance

Treasury written question – answered on 9th September 2019.

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Photo of Sarah Jones Sarah Jones Shadow Minister (Housing, Communities and Local Government) (Housing)

To ask the Chancellor of the Exchequer, with reference to his oral statement of 4 September 2019 on Spending Round 2019, how much funding he plans to allocate to Homes England to deliver more homes where people need them; how many homes are planned to be built and what the location will be of those homes.

Photo of Rishi Sunak Rishi Sunak The Chief Secretary to the Treasury

In the latest spending round we have increased the resource funding available to the Ministry of Housing, Communities and Local Government for 2020/21 by 2.7% to deliver their priorities, including delivering the homes this country needs in the right places. As part of this settlement, MHCLG’s admin budget will increase from £258m in 2019/20 to £341m in 2020/21, within which funding for Homes England will also increase. This will enable them to continue delivering significant investment in housing, with at least £44bn of financial support committed at the Autumn Budget 2017 over a five-year period, and to support the Government’s overall ambition of 300,000 additional homes on average by the mid-2020s.

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