Monday, 17 February 2020

Only 4% Of Homes Funded Through Affordable Homes Programme Were For Social Rent

Of the 90,323 homes funded through the programme since 2016, just 3,583 were for social rent, according to funding allocation data published by Homes England for the period between 2016 and September last year. Meanwhile, 47,047 (52%) of the homes built through the government’s flagship grant programme were for affordable rent, while 39,693 (44%) were for affordable homeownership, the majority of which were for shared ownership. See all the data on the Homes England website.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/865155/Allocation_update_to_end_September_2019_Final.pdf

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