Burnham backtracks on spending housing fund only on building social homes
Summary
Andy Burnham has changed his position on government housing plans. Instead of spending the entire £10 billion Affordable Homes Programme solely on social homes, the funding will now support a mix of affordable housing types. About 60% of the homes built will be social rented houses, with the rest including shared ownership and sheltered housing.Key Facts
- The government will invest £10 billion over 10 years in affordable housing outside London.
- About 60% of the homes funded will be social rented houses.
- The remaining 40% will include shared ownership and sheltered housing.
- London will receive an additional £6 billion, to be allocated later.
- This programme aims to help the government build 300,000 affordable homes in 10 years.
- For the first time, local councils will be among the strategic partners receiving funding.
- Housing Secretary Angela Rayner emphasized the importance of secure, affordable homes for families.
- Future funding rounds will prioritize social rented homes and council houses.
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