£350 million to boost social housing

The government has announced an investment of £350 million to increase the number of affordable and social homes, as well as support home ownership and ease council housing pressures.

The funding comes alongside plans to drive up standards and tackle rogue landlords in supported housing.

Through a £300 million injection into the Affordable Homes Programme, up to 2,800 affordable homes will be built. Half of those will be for social rent.

A £50 million boost to the Local Authority Housing Fund will help to build over 250 more council homes.

Currently, there are over 123,000 households in temporary accommodation, including 160,000 children.

The government has plans to announces further changes with a crack down on exploitative behaviour by rogue and criminal-supported housing landlords.

Deputy Prime Minister and Housing Secretary Angela Rayner said: “For so many families, and their children, the security and safety of a home of their own remains firmly out of reach – and instead they have to live in temporary accommodation, including in B&Bs.

“This is unacceptable and is the result of the housing crisis we are facing head on. That’s why we’re driving forward on our plans to ensure a better future for everyone who needs a safe home, building on our plans to drive up living standards and build 1.5 million homes through our Plan for Change.”

Kate Henderson, chief executive of the National Housing Federation, said: “Today’s funding announcement demonstrates that the government recognises that boosting funding for new affordable homes, particularly those for social rent, is essential to meeting its ambitious housing targets and commitment to building a generation of new social homes.

“Housing associations share the government’s housing ambitions and we welcome this top-up to the Affordable Homes Programme. The funding announced today – in addition to the funding announced in the autumn - will help maintain momentum in the delivery of much needed social and affordable housing ahead of the new Affordable Homes Programme being announced at the Spending Review.

“Housing associations are facing a number of financial challenges due to decades of funding cuts. Alongside this vital funding injection, we hope to see a package of supportive measures at the upcoming Spending Review to enable the sector to build the homes our country needs.”

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