Affordable Housing

(asked on 4th November 2014) - View Source
Questioner
Chris Ruane Portrait
Chris Ruane
(Labour - Vale of Clwyd)

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Communities and Local Government, what the affordable housing budget was in each of the last 15 years.

Answered by
Brandon Lewis Portrait
Brandon Lewis
This question was answered on 25th March 2015

Affordable housing expenditure for the last 15 years is set out below. Expenditure is a more accurate reflection of resources used to deliver affordable housing as budgets can and do fluctuate during the year.

£m

2013-14

965

2012-13

1,083

2011-12

1,578

2010-11

2,660

2009-10

3,737

2008-09

2,612

2007-08

2,029

2006-07

1,921

2005-06

1,577

2004-05

1,647

2003-04

1,831

2002-03

1,390

2001-02

1,175

2000-01

1,116

1999-00

965

The budget for the supply of new affordable housing in 2014-15 is £1,239 million. Our Affordable Homes Programme is on track to deliver 170,000 new affordable homes between 2011 and 2015, with £19.5 billion of public and private funding. Over 144,000 homes were delivered by the end of September 2014. (DCLG Affordable Housing Supply, 2013-14 (16 October 2014), table 2012, Affordable Housing starts and completions funded by the HCA and GLA (20 November 2014). We are confident that we will meet the target.

217,000 affordable housing have been delivered from April 2010 to September 2014.

£38 billion of public and private investment will help ensure 275,000 new affordable homes are provided between 2015 and 2020. This means over the next parliament we will build more new affordable homes than during any equivalent period in the last twenty years.

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