Thursday, 14 September 2017

80% Of Government Housing Funding Is On Private Housing

Analysis of government figures by the CIH shows projected government investment through to 2020/21 will funnel £32bn into private programmes and £8bn into programmes for shared ownership and sub-market rent. The largest investment in private housing is the £12.5bn bill for the Help to Buy: Equity Loan scheme. Help to Buy ISAs, the Help to Buy guarantee scheme, and private rented sector guarantees cash make up the remainder of the funding. This investment is in the form of loans and guaranteed debt, rather than direct government spending. Its investment in affordable housing comprises mainly £4.3bn of grant under the Affordable Homes Programme. Read more on Inside Housing.

No comments: