Clive Betts – 2015 Parliamentary Question to the Department for Communities and Local Government
The below Parliamentary question was asked by Clive Betts on 2015-11-26.
To ask the Secretary of State for Communities and Local Government, how many new homes of each type of tenure he plans will be funded by measures announced in the Spending Review and Autumn Statement 2015.
Brandon Lewis
The Spending Review and Autumn Statement made last week reaffirmed this Government’s commitment to keeping the country building, to delivering the homes communities want and supporting hard-working people who aspire to own their own home to be able to do so.
Over £20 billion was secured for housing from the Spending Review. This includes £8 billion to deliver over 400,000 affordable starts, and a further £12 billion of housing investment which will support our 1 million homes ambition by 2020/21.
The Spending Review package announced last week supports a variety of tenures, including affordable homes for rent, shared ownership schemes and starter homes. It also supports home ownership through supporting custom build, the extension of Help to Buy, and extending the Right to Buy to tenants of housing associations.
Precise splits between differing types of tenure will depend on the nature and quality of bids recieved for new funding programmes, and on the type of sites coming forward.