A £39bn plan is set to support the construction of 70,000 social and affordable homes across England, with funding allocated to several major regions.
The programme includes funding for Greater Manchester, the West Midlands and West Yorkshire, alongside a £6bn allocation for London. The homes are described as social and affordable, indicating that the plan is aimed at increasing the supply of housing below open-market levels.
The announcement places England’s largest urban regions among the areas receiving support. London has been assigned the largest specific figure stated in the available details, while funding has also been granted to three major metropolitan areas outside the capital.
The plan forms part of a wider £39bn package for social and affordable housing. The central outcome set out in the announcement is the delivery of 70,000 homes across England.
No further details were provided in the supplied material on the timetable for construction, the distribution of funding beyond the named regions, or the exact split between social and affordable homes. The latest known position is that funding has been granted to the named areas as part of the wider national plan.
