Budget 2020: Housing Measures At A Glance

·         A new Affordable Homes Programme of £12bn

·         A £1bn Building Safety Fund to remove unsafe cladding from buildings

·         £650m of funding to help rough sleepers into permanent accommodation

·         £400m for ambitious regional mayors to build homes on brownfield sites

·         Promise to announce measures to change the planning system tomorrow

·         A 1% cut on the Public Works Loan Board interest rate, used by local authorities to fund housebuilding

·         A temporary removal of the minimum income floor (which calculates assumed earnings for self-employed people) in Universal Credit as part of the government’s response to coronavirus

·         £200m for communities in areas that repeatedly flood

Read more on Inside Housing.

https://www.insidehousing.co.uk/insight/budget-2020-the-housing-bits-of-sunaks-speech-in-full-65395?utm_source=Ocean%20Media%20Group&utm_medium=email&utm_campaign=11390639_IH-BUDGET-SPECIAL-11-3-2020-GR&dm_i=1HH2,6S52N,8CKJV9,R4PA8,1