This package, from the Ministry of Housing, Communities and Local Government (MHCLG), includes £2.5bn in loans being made available for private registered providers of social housing at 0.1% interest.
Additionally, the MHLCG is allocating an extra £3.5m through the Council Housebuilding Support Fund for councils to draw up plans for thousands more council homes.
Alongside the £5.5m already provided last year, the government expects this will help deliver of up to 9,800 new homes through the Social and Affordable Homes Programme.
As part of this new package from the MHCLG, landlords will also have to meet new standards to ensure homes are free of disrepair and damp.
A new Decent Homes Standard (DHS), the first time this has been updated in 20 years, means landlords must also ensure these homes are warm and energy efficient.
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Councils that have not built in years will be supported to start building again with the government removing administrative costs of council house building.
Councils will be able to build up to 1,000 new homes without having to open a new Housing Revenue Account, ring-fenced accounts used to manage councils’ housing income and expenditure. Currently, councils can only build up to 200 homes without having to open new Housing Revenue Accounts.
The MHCLG is also stepping in to unlock homes delivered through Section 106 agreements where no affordable housing provider is willing to buy, with a new emergency, time-limited approach that will allow the tenure of uncontracted Section 106 units to be varied in such circumstances.
“Building more social housing is crucial to fixing the housing crisis for good,” said housing secretary Steve Reed.
“But that’s only part of the story — we’re also driving up the quality of social housing so they’re well insulated and damp-free to keep families safe and cut their energy bills in the years ahead.”



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