The Prime Minister Theresa May has announced £2bn of new funding for housing associations to build homes. In an address to the National Housing Summit on 19 September 2018, she put social housing at the heart of the nation’s priorities – and housing associations at the heart of delivering them.
The funding will be available as far ahead as 2028/29, which the Prime Minister said would give housing associations the long-term certainty they need to plan ahead and secure more, and larger, sites for development.
National Housing Federation Chief Executive David Orr welcomed the £2bn of new funding, adding that “the really big news here is the Prime Minister’s long-term commitment to funding new affordable homes.”