Oliver Colvile: To
ask the Secretary of State for Communities and Local Government, how many
affordable rent-to-buy houses are being constructed.
Brandon Lewis: Through the Autumn Statement 2015, the
Government has committed to investing £8 billion to deliver over 400,000
affordable housing starts by 2020/21. This includes £1.7 billion to deliver
around 100,000 homes for affordable or intermediate rent, of which 10,000 are
to be affordable rent to buy homes that enable tenants to have the opportunity
to save for a deposit while renting. Bids into the Rent to Buy 2015-2017
programme are currently being considered. The prospectus for the new Affordable Homes Programme 2016-21
will be launched shortly.
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