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Social and Affordable Housing Capital Investment
25 March 2025
Type
Written Ministerial Statement
Department
Ministry of Housing, Communities and Local Government
At a Glance
Issue Summary
The government is announcing a new grant programme to succeed the current Affordable Homes Programme and an immediate injection of £2 billion for social and affordable housebuilding.
Action Requested
The government is injecting £2 billion in new capital investment to support social and affordable housing, with funding available to housing associations and local authorities. This will deliver up to 18,000 additional homes by the end of Parliament, with a deadline for projects to start by March 2027 and finish by June 2029.
Key Facts
- Government allocated an additional £800 million in new in-year funding.
- New £2 billion injection will deliver up to 18,000 additional social and affordable homes by the end of Parliament.
- Funding available for housing associations and local authorities on same terms as Affordable Homes Programme for 2021-26.
- Projects must start by March 2027 and finish by June 2029.
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Assessment & feedback
Summary accuracy