Affordable Homes

Earlier this week the government announced the prospectus for the 2021-26 Affordable Homes Programme.

The plans to build 180,000 new homes were confirmed in the budget in March. The announcement also contains plans on the new right to Shared Ownership scheme and the new Shared Ownership model.

The plans will include around 50% for discounted rent and a new social rent has been specifically referenced in the announcement.

10% of homes built will be for supported housing

The remaining homes will be built for affordable home ownership-the majority of which will be shared ownership.

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