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The Parliamentary Under-Secretary of State, Ministry of Housing, Communities and Local Government (Baroness Taylor of Stevenage) (Lab)

Speaking in the House of Lords on 3 July 2025

Debate

Housing Associations: Financial Assistance

Contribution

My Lords, I thank the noble Lord, Lord Bailey, who I know is passionate about housing, particularly for young people. His question is very timely: just yesterday, we announced our long-term plan to deliver a decade of renewal for social and affordable housing. As part of this, we will provide the biggest boost to social and affordable housing investment in a generation with our new £39 billion programme, and we will ensure that at least 60% of that programme is spent on social housing. We will also give social landlords equal access to government building safety funding and provide a decade of certainty through the new rent settlement, supporting social landlords to invest in new and existing homes.

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