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09/07/2020

Government extends affordable homes scheme 

Words: Laura Edgar
Housing / Shutterstock_141093886

Housing secretary Robert Jenrick has announced that the Affordable Homes Programme will be extended until March 2023.

This has been done, the government explained, because the creation of an estimated 53,000 affordable homes has been delayed because of the Covid-19 pandemic and resulting lockdown.

Work on homes to be built under the £9 billion scheme was originally to have begun by March 2022. The extension means that housing associations and councils have a year longer to begin building these homes while still receiving government support, “giving them the flexibility and certainty they need to keep building across the country”.

Last week, the government confirmed that the new £12 billion Affordable Homes Programme – due to start in 2021 – will support up to 180,000 new affordable homes, including for shared ownership and social rent. It was announced by chancellor Rishi Sunak in March's Budget.

Jenrick said: “We’ve listened closely to the sector and agreed that there will now have a longer deadline for using government funding to get these homes built. Building the homes the country needs is central to the mission of this government as we prioritise uniting and levelling up the country.”

Image credit | Shutterstock

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