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Budget 2020: Billions made available to increase affordable housing

Words: Simon Wicks
Housing / Shutterstock_509223637

‘Affordable and safe housing’ was described by chancellor Rishi Sunak as the government’s ‘second priority’ after investment in public services in his inaugural Budget speech today (11 March).

Among a raft of proposals related to housing, Sunak pledged £12.2 billion for the government’s Affordable Housing Fund, and an extra £1 billion to remove unsafe cladding from residential buildings.In addition, Sunak promised a near-£11 billion investment to support the commitment to government housebuilding targets, as well as new funding for housing infrastructure and for “pro-development”........
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