£2 billion in new funding

Housing associations have a central role to play in building the homes we need and challenging the attitudes that hold us back, Theresa May said in central London this week, as she announced new long-term funding for affordable housing.

As part of the Government’s commitment to transform housebuilding, the Prime Minister announced £2 billion in new funding to give housing associations the long-term certainty they need to deliver tens of thousands of new affordable and social homes.

As the first Prime Minister to address the National Housing Federation Summit, she pledged this morning to work in partnership with the associations to get more people on the housing ladder and make sure those who can’t afford their own place also have somewhere they’re proud to call home.