Housing associations are cutting building plans by a quarter over the next three years because the government has delayed key funding, in a blow to Andy Burnham’s promises of a big boost to council homes.
Some of England’s biggest developers of social and affordable housing say they will build thousands fewer homes than planned after officials imposed limits on the spending of government grants before 2029.
Labour has repeatedly promised “the biggest boost to social and affordable housing in a generation” through a £39bn 10-year funding scheme announced last year. An increase in subsidised housing is a key component of Sir Keir Starmer’s promise of 1.5mn homes over this parliament, a target widely seen as likely to be missed.
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