Overview
- The Affordable Homes Programme will run from 2026-27 to 2035-36, with spending set to peak at £4 billion annually by 2029-30 and then rise in line with inflation.
- Housing charities such as Shelter have described the funding boost as a watershed moment in tackling the housing emergency.
- Under the current programme only 15 percent of the 74,000 grant-funded homes were social rent, prompting calls for defined quotas in the new scheme.
- Ipswich Council and other local authorities say the extra cash could accelerate council home construction and help reduce long waiting lists.
- Shelter Scotland has urged ministers to channel any additional UK consequentials into its Affordable Housing Supply Programme, which this year rose to £768 million.