Oral QuestionTreasury

What steps she is taking with Cabinet colleagues to increase the affordability of new homes.

Tabled: 2 April 2025Answered: 8 April 2025

Asked by

Dr Rupa Huq

LabourEaling Central and Acton

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Chancellor of the Exchequer (Rachel Reeves)

The Prime Minister and the Deputy Prime Minister have set out our ambitions to build 1.5 million homes during this Parliament as part of our plan for change. At the spring statement I announced steps towards that ambition, with an additional £2 billion investment in social and affordable housing next year as a down payment on further investment at the spending review in June.