Plan to double affordable homes spend at centre of spending review
Construction Enquirer
JUNE 10, 2025
Chancellor Rachel Reeves will today unveil the biggest investment in social and affordable housing in a generation, with £39bn earmarked over the next decade. The new Affordable Homes Programme will form the centrepiece of the Spending Review, delivering long-term certainty for developers and doubling current investment levels. The new deal will average £3.9bn a year, up from just £2.3bn a year under the previous government’s five-year £11.5bn programme running from 2021 to 2026.
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