The government has revealed that £1.67bn of previously
announced housing funding will be used to build 23,000 affordable homes,
including 12,500 for social rent. The government has announced what it has
termed a “£1.67bn social housing deal” for 23,000 new homes across England but
outside London. It has also published the long-awaited bidding criteria for
£1bn of additional borrowing headroom designed to help fund council house
building projects. This £1.67bn comes from a total of £9.1bn set aside for
affordable housing projects through to 2022. Read the Government statement on
the Parliament website.
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1 day ago
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