US EditionThousands of new homes to be built across England in £2bn plan announced by chancellor
- Thousands of new homes will be built in England as part of the biggest boost in social and affordable housebuilding in a generation, according to the Government.
- Chancellor Rachel Reeves announced £2 billion in funding to help build up to 18,000 new homes, with an expectation that a portion will be social homes.
- Charities have urged that the majority of the new homes should be for social rent due to record high levels of homelessness in England.
- Housing and homelessness charity Crisis welcomed the announcement, hoping it begins a program that addresses homelessness effectively, with an emphasis on social rent housing.
47 Articles
47 Articles
Reeves's plan for affordable homes, mapped
Rachel Reeves has pledged to inject £2bn into the Government’s affordable house building programme to deliver up to 18,000 additional homes. The Government described the funding as a “down payment” ahead of longer-term investment in social and affordable housing, expected to be announced later this year.It will be added to the Affordable Homes Programme, the main mechanism used by the Government to fund subsidised housing, which was previously g…
‘This is not austerity’, Angela Rayner defends spending cuts
Amid all the concerns about possible spending cuts – today’s investment announcement by the Chancellor, of two billion pounds for affordable housing, came as a timely surprise. We spoke to the Deputy Prime Minister Angela Rayner, and asked her about the new funding.
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