Monday, 16 February 2015

Affordable Housing – Parliamentary Written Answer

Dan Jarvis: To ask the Secretary of State for Communities and Local Government, how his Department defines what constitutes affordable housing.

Brandon Lewis: The Housing and Regeneration Act 2008 (sections 68 – 70) defines social housing as low cost rental accommodation and low cost home ownership accommodation. In the Act, a low cost rent is simply defined as below the market rate. Low cost home ownership is defined by its availability for occupation on a shared ownership or equity percentage basis. This provides flexibility to support a range of people with different housing needs through our affordable housing programmes. Read more on the Parliament website.

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