This week the Chancellor announced a package of important housing measures in the Budget, including:
We have welcomed the government’s commitments, which reflect the sector’s calls for funding certainty, support to remediate unsafe buildings, and action on rough sleeping.
Much of the detail is still to be confirmed, such as the types of tenure the Affordable Homes Programme will fund, how building safety funding will be allocated, and the government’s plans for First Homes and the Right to Shared Ownership.
Here is a summary of the key measures announced and our next steps.
The NHF will continue to make the case for building new homes for social rent as part of the new programme and ensure the government understands the impact any new proposals would have on housing associations.
We will be reviewing the detail of the funding announcements to understand their impact further, and will provide further updates on our website in due course.