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

To ask the Secretary of State for Housing, Communities and Local Government, if he will publish the estimated value of the 2026-2036 Affordable Homes Programme after discounting for (a) the GDP deflator using OBR’s estimates and (b) the Treasury’s Social Time Preference Rate.

At the Spending Review, the government announced £39 billion for a new Social and Affordable Homes Programme (SAHP) over 10 years from 2026-27 to 2035-36.

The Spending Review document sets out that spend on the SAHP will reach £4 billion per year in 2029-30 and rise in line with inflation subsequently.

The programme follows the financial appraisal as set out in the HM Treasury Green Book guidance and uses HMT’s GDP deflator which can be found on gov.uk here.

My Department will continue to publish capital spend figures in its Annual Report and Accounts.