{"id":93204,"date":"2018-06-25T23:15:16","date_gmt":"2018-06-25T23:15:16","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=e05af82a9ac2e262674e8ac620097be4"},"modified":"2018-06-25T23:15:16","modified_gmt":"2018-06-25T23:15:16","slug":"press-release-brokenshire-confirms-social-housing-investment-boost","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=93204","title":{"rendered":"Press release: Brokenshire confirms social housing investment boost"},"content":{"rendered":"<div class=\"govspeak\">\n<div class=\"call-to-action\">\n<ul>\n<li>\u00a31.67 billion social housing deal to deliver 23,000 affordable homes<\/li>\n<li>Government confirms details of \u00a31 billion investment to support a new generation of council housing<\/li>\n<\/ul>\n<\/div>\n<p>A multi-billion pound boost to social housing across England was confirmed today (26 June 2018) by Secretary of State for Communities, The Rt Hon James Brokenshire MP, as part of the drive to build the homes communities need.<\/p>\n<p>Around 23,000 new affordable homes will be delivered through a \u00a31.67 billion government investment deal. This will include at least 12,500 social rent homes in high cost areas in a move to support families struggling to pay their rent.<\/p>\n<p>This is part of the government\u2019s \u00a39 billion investment in affordable homes, \u00a31.67 billion of which was announced in March 2018 for London. This latest funding will deliver homes across the rest of the country.<\/p>\n<p>The Communities Secretary also heralded a new generation of council housing by inviting local authorities to bid for a share of \u00a31 billion extra borrowing to build much-needed homes. This \u00a31 billion borrowing cap raise will be split equally between London and the rest of England.<\/p>\n<p>Local authorities have requested this extra financial flexibility, which will be allocated to those in areas with the highest affordability pressures to ensure homes are built where they are needed most.<\/p>\n<p>These new measures are part of the government\u2019s ambitious plans to build 1.5 million new homes by 2022 through planning reform and targeted investment.<\/p>\n<p>The Rt. Hon James Brokenshire MP, Secretary of State for Communities, said:<\/p>\n<blockquote>\n<p>The government has ambitious plans to fix the broken housing market and build the homes our communities need.<\/p>\n<p>Today\u2019s announcement is a further milestone. It will secure the delivery of an additional 23,000 much-needed affordable homes as well as paving the way for a new generation of council houses.<\/p>\n<p class=\"last-child\">The majority of these new homes will be in high cost areas helping to ease the burden of rent on hard working families and delivering stronger communities.<\/p>\n<\/blockquote>\n<p>A bidding process will now begin for both programmes, with successful bids for the affordable homes funding notified throughout the year. A list of successful councils who have had their borrowing caps increased will be announced in due course.<\/p>\n<h2 id=\"further-information\">Further information<\/h2>\n<p>Since 2010 over 378,000 affordable homes been built.<\/p>\n<p>An area of affordability pressure would be defined as an area where there is a difference of \u00a350 more per week between average private sector rents and social sector rents.<\/p>\n<p>This funding will include homes let at social rent, alongside other tenures such as affordable rent and shared ownership. All 12,500 of the homes for social rent will be delivered in areas of high affordability pressure.<\/p>\n<p>Registered providers of social housing are invited to bid through Homes England\u2019s Continuous Market Engagement process. See <a href=\"https:\/\/www.gov.uk\/government\/collections\/shared-ownership-and-affordable-homes-programme-2016-to-2021-guidance\">further details<\/a>.<\/p>\n<p>Local authorities outside London are invited to bid through Homes England\u2019s bidding process. See the <a href=\"https:\/\/www.gov.uk\/government\/publications\/additional-housing-revenue-account-borrowing-programme-prospectus\">bidding prospectus<\/a> detailing who can bid and how bids will be judged.<\/p>\n<div class=\"contact postal-address\" id=\"contact_40\">\n<div class=\"content\">\n<h3>Office address and general enquiries<\/h3>\n<div class=\"vcard contact-inner\">\n<p class=\"adr\">\n<span class=\"street-address\">2 Marsham Street<br \/>\n<br \/>\nLondon<\/span><br \/>\n<span class=\"postal-code\">SW1P 4DF<\/span>\n<\/p>\n<div class=\"email-url-number\">\n<p class=\"contact_form_url\">\n              <span class=\"type\">Contact form<\/span><br \/>\n              <a href=\"http:\/\/forms.communities.gov.uk\/\">http:\/\/forms.communiti&#8230;<\/a>\n            <\/p>\n<p class=\"tel\">\n              <span class=\"type\">General enquiries:  please use this number if you are a member of the public<\/span><br \/>\n              030 3444 0000\n            <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"contact \" id=\"contact_171\">\n<div class=\"content\">\n<h3>Media enquiries<\/h3>\n<div class=\"vcard contact-inner\">\n<div class=\"email-url-number\">\n<p class=\"email\">\n              <span class=\"type\">Email<\/span><br \/>\n              <a class=\"email\" href=\"mailto:newsdesk@communities.gsi.gov.uk\">newsdesk@communities.gsi.gov.uk<\/a>\n            <\/p>\n<p class=\"tel\">\n              <span class=\"type\">Please use this number if you are a journalist wishing to speak to Press Office<\/span><br \/>\n              0303 444 1209\n            <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"contact \" id=\"contact_3149\">\n<div class=\"content\">\n<h3>Social media &#8211; MHCLG<\/h3>\n<div class=\"vcard contact-inner\">\n<p class=\"comments\">Twitter &#8211; <a href=\"https:\/\/twitter.com\/mhclg\">https:\/\/twitter.com\/mhclg<\/a><br \/>Flickr &#8211; <a href=\"http:\/\/www.flickr.com\/photos\/mhclg\">http:\/\/www.flickr.com\/photos\/mhclg<\/a><br \/>LinkedIn &#8211; <a href=\"http:\/\/www.linkedin.com\/company\/mhclg\">http:\/\/www.linkedin.com\/company\/mhclg<\/a><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A multi-billion pound boost to social housing across England has been confirmed by Secretary of State for Communities, The Rt Hon James Brokenshire MP.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/93204"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=93204"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/93204\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}