Biggest boost to social and affordable housing investment in a generation

Statement from Clare Miller, Group Chief Executive at Clarion Housing Group, on the Chancellor’s housing announcements:

“The Chancellor’s commitment to a £39 billion Affordable Homes Programme over the next decade is a game-changer for families on the lowest incomes. Long-term, reliable subsidy is the only way to keep new rents genuinely affordable while covering the rising costs of land, labour, and materials.

For the first time in living memory, housing associations have ten years of certainty. That gives us the confidence to borrow, build and invest at scale— unlocking sites that simply don’t stack up without grant and protecting every pound of residents’ rent for services and maintenance.

Clarion stands ready to work with government, local authorities and our partners to turn this funding into bricks and mortar. With the right subsidy we can deliver thousands of high-quality, energy-efficient homes and help Britain break the back of its housing crisis.”