The government will publish its first Budget on Wednesday 11 March, setting out the planned spending for the year ahead.
This post-Brexit Budget is likely to focus on the Conservative manifesto commitment to ‘level-up’ the nation and spread opportunity, and the government has talked about opening ‘a new chapter’ for the British economy. Funding is likely to be announced for infrastructure, health, communities and climate change.
We’ve been making a strong case for certainty over housing investment, and have welcomed the government’s commitment to renew the Affordable Homes Programme. However, current indications are that the programme will be renewed in the autumn Spending Review and not in this Budget.
The recent announcement that Local Housing Allowance will be unfrozen means that further changes to welfare spending are also unlikely in the Budget, although homelessness and rough sleeping may receive funding.
The deadline for submissions to the Budget is Friday 7 February. The Federation will be making a submission on behalf of the sector, setting out the opportunities and challenges facing housing and communities – and how government investment could help housing associations deliver.
Our submission will outline four key areas for investment, picking up the priorities we focused on in our 2019 general election campaign:
If you would like to know more about our submission, share any views, or if you are making your own submission, please get in touch.
We will share our submission on our website and with members after 7 February.