Sunday, 22 March 2020

Affordable Housing: Construction – Parliamentary Written Answer


John Healey: To ask the Secretary of State for Housing, Communities and Local Government, whether homes funded under the new affordable homes programme from 2021-22 will be required to include a right to shared ownership.
Christopher Pincher: Right to Shared Ownership will give many social housing tenants the opportunity to purchase a stake in their home and take their first step into home ownership. At Budget we announced £12.2 billion of investment to build affordable homes, which is the biggest cash investment in affordable housing for a decade. As a condition of this funding, homes built with it must have the Right to Shared Ownership attached.

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