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Social and Affordable Housing Renewal

02 July 2025

Proposing MP
Greenwich and Woolwich
Type
Written Ministerial Statement
Department
Ministry of Housing, Communities and Local Government

At a Glance

Issue Summary

The statement discusses the government's investment strategy for social and affordable housing, including funding details, regulatory reforms, and Right to Buy updates.

Action Requested

The government is providing £39 billion over ten years for a new Social and Affordable Homes Programme, setting rent increase limits, doubling the length of the settlement period, and offering low-interest loans. It will also launch consultations on Decent Homes Standards and Minimum Energy Efficiency Standards, introduce new staff competence standards, and establish a Resident Experience Innovation Fund.

Key Facts

  • £39 billion funding for Social and Affordable Homes Programme from 2026-27 to 2035-36.
  • Initial rent increase limit of CPI+1% from April 2026.
  • Over £1 billion in remediation funding between 2026-27 and 2029-30.
  • £2.5 billion in low-interest loans for social landlords.
  • Autumn Budget will confirm details on rent convergence mechanism.
  • Consultations to reform Decent Homes Standard and Minimum Energy Efficiency Standards.
  • Competence and Conduct standards for staff by October 2026 with transition periods up to four years.
  • Resident Experience Innovation Fund of £1 million launched.
  • Council Housebuilding Skills & Capacity Programme funded with £12 million in 2025/26.
Assessment & feedback
Summary accuracy