Ellie Ames 12 February 2024

£3bn boost to affordable homes fund

£3bn boost to affordable homes fund image
Image: Paul D Smith / Shutterstock.com

An additional £3bn is now available to build and improve affordable housing in England.

Now worth £6bn, the Affordable Homes Guarantee Scheme provides ‘low-cost, flexible and long-term’ loans for investment in homes for social rent, affordable rent and shared ownership.

The Department for Levelling Up, Housing and Communities has estimated that the additional £3bn, which was announced in last year’s Autumn Statement, will see 20,000 new homes built.

Housing providers can now also use the scheme to carry out building safety works, such as the removal of dangerous cladding, and for energy upgrades.

Launched in 2020, the scheme is currently helping 12 providers to deliver 6,290 new homes.

Housing minister Lee Rowley said: ‘This new round opening today will not only improve the lives of those already living in homes, but help thousands of families benefit from new, high-quality, affordable housing.’

SIGN UP
For your free daily news bulletin
Highways jobs

Highly Specialist Clinical Psychologist

Oxfordshire County Council
£62215 - £72293
How about joining The Clinical Team at Oxfordshire County Council in our new Community Family Clinic initiative? Oxford
Recuriter: Oxfordshire County Council

Traffic Management Officer - WMF2114e

Westmorland and Furness Council
£37,035 - £37,938
Are you an experienced and motivated professional looking to take the next step in your traffic management career? Cumbria / Various
Recuriter: Westmorland and Furness Council

Peripatetic Support Assistant

Wakefield Council
£16,415.00 - £16,675.23 Grade 4, 24.5 hours, Permanent
Are you caring, compassionate, and friendly? Wakefield, West Yorkshire
Recuriter: Wakefield Council

Peripatetic Support Assistant

Wakefield Council
£14,070.00 - £14,293.05 Grade 4, 21 hours, Permanent
Are you caring, compassionate, and friendly? Wakefield, West Yorkshire
Recuriter: Wakefield Council

Recruitment Support Officer

Durham County Council
£25,584 to £27,711 p.a. (Grade 5) pay award pending
We are looking for a Recruitment Support Officer to join our team on a temporary basis until 31 March 2026. In this role, you will provide a comprehe Spennymoor
Recuriter: Durham County Council
Linkedin Banner