Government awards £10bn to strategic partners to ‘deliver homes at scale’
Summary
The government has allocated nearly £10 billion from its £39 billion Social and Affordable Homes Programme to 33 strategic partners, including councils and housing associations, to support delivery of 73,600 homes over the next 10 years. The package also includes funding to strengthen local authority capacity and expand planning-related training, with RICS welcoming the emphasis on professional skills across surveying, valuation and development.
Why it matters
This is relevant to residential property surveyors because it signals a significant increase in affordable housing delivery, which will affect development pipelines, valuation work and asset management activity. It also highlights growing demand for surveying and related professional expertise within local authorities and delivery partners.
Key points
- Nearly £10 billion has been allocated in the first round of the Social and Affordable Homes Programme.
- 33 strategic partners will deliver 73,600 social and affordable homes over 10 years.
- Around 60% of homes delivered through the partnerships are expected to be for social rent.
- The government is providing £46 million to strengthen council capacity and expand the Pathways to Planning scheme into specialist roles.
- RICS says delivery at scale will require skills across planning, valuation, development, construction and asset management.
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