Chancellor promises biggest investment in social and affordable homes in a generation to hit 1.5m target
Rachel Reeves will raise government spending on affordable housing by nearly double on Wednesday, providing a major boost to the housebuilding sector and bringing the government’s housing targets a step closer.
The chancellor will announce nearly £40bn worth of grants to be spent over 10 years for local authorities, private developers and housing associations – a major increase on the previous programme.
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