Budget 2020 pitched a new multi-year settlement of £12bn
to the Affordable Homes Programme (AHP) – but the MHCLG does not break down
programme funding by tenure. Confirmation came in the response from Housing
Minister Christopher Pincher to a written Commons question. Pincher confirmed
MHCLG did not break down funding by tenure for AHP which aimed to deliver “at
least” 12,500 social rent homes to defined high-cost areas. Budget 2020 pitched
a new multi-year settlement of £12bn to the Affordable Homes Programme (AHP).
This sum represents a rise of £3bn increase on the current five-year AHP worth
£9bn and is due to end in 2021. Read more on 24housing.
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