Sunday, 22 March 2020

No Tenure Breakdown For Affordable Homes Programme


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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