Strategic partners allocated £8.6bn from affordable homes programme

Affordable housing London

Housing ministry says the first part of the £12bn programme will deliver 120,000 homes

The government has allocated the first £8.6bn of its 2021-26 affordable housing programme to 90 landlords and developers that have promised to build 120,000 homes.

The funding for a string of long-term “strategic partnerships” will allow the construction of almost 30,000 homes for social rent, and marks the first tranche of the overall £12bn programme to fund affordable housebuilding in England, due to deliver 180,000 new homes.

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