Government announces five-year rent settlement and confirms £500m top-up for current AHP

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But sector will have to wait until the Spring for details of affordable housing funding post-2026

The government has announced plans for a new five-year rent settlement in social housing along with a £500m top-up for the 2021-26 Affordable Homes Programme.

Ahead of the Labour government’s first Budget on Wednesday, the Treasury over the weekend announced more details of its plan to “unlock housing”.

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