Oliver Colvile – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Oliver Colvile on 2016-01-04.

To ask the Secretary of State for Communities and Local Government, how many affordable rent-to-buy houses are being constructed.

Brandon Lewis

Through the Autumn Statement 2015, the Government has committed to investing £8 billion to deliver over 400,000 affordable housing starts by 2020/21. This includes £1.7 billion to deliver around 100,000 homes for affordable or intermediate rent, of which 10,000 are to be affordable rent to buy homes that enable tenants to have the opportunity to save for a deposit while renting.

Bids into the Rent to Buy 2015-2017 programme are currently being considered. The prospectus for the new Affordable Homes Programme 2016-21 will be launched shortly.