Housing Associations

Ministry of Housing, Communities and Local Government written question – answered on 27th February 2020.

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Photo of Stephen Hammond Stephen Hammond Conservative, Wimbledon

To ask the Secretary of State for Housing, Communities and Local Government, whether he has plans to provide a government guarantee for the debt funding of housing associations.

Photo of Christopher Pincher Christopher Pincher Minister of State (Housing, Communities and Local Government)

On 4 November 2019 the Ministry for Housing, Communities and Local Government published an Invitation to Tender asking for bids to operate a new £3 billion Affordable Homes Guarantee Scheme. The Invitation to Tender closed on 3 February and the Department is currently reviewing bids. The scheme would be open to Private Registered Providers of affordable housing and provide guaranteed debt finance to support the delivery of new, additional affordable homes, including for rent and ownership.

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