Oral QuestionTreasury

What steps she has taken with Cabinet colleagues to increase the supply of affordable housing.

Tabled: 26 February 2025Answered: 4 March 2025

Asked by

Cat Smith

LabourLancaster and Wyre

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Chief Secretary to the Treasury (Darren Jones)

At Budget, the Government announced major steps towards delivering a once-in-a-generation increase in social housing, including a £500 million boost to the affordable homes programme, increasing annual spend to £3.1 billion—the biggest annual budget for affordable housing in more than a decade. Earlier this month, the Government also announced an additional £350 million to fund affordable homes. That is the difference a Labour Government can make to people across the country waiting desperately for secure housing. Further investment decisions will be set out at phase 2 of the spending review.