David Mackintosh – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by David Mackintosh on 2016-04-12.

To ask the Secretary of State for Communities and Local Government, what procedures his Department has to ensure that housing associations maintain an adequate level of housing stock available for key workers.

Brandon Lewis

Housing associations have ambitious plans to increase their housing stock over the next few years. The Government is supporting this with £8 billion of funding to deliver over 400,000 affordable homes. This will extend the opportunity of home ownership to more hard working families, including key workers, through measures aimed at doubling the number of first time buyers. The funding prospectus for the new Shared Ownership and Affordable Homes Programme was published on Wednesday 13 April.

The voluntary Right to Buy between the Government and the housing association sector will give another 1.3 million families the chance to purchase a home at Right to Buy level discounts. Homes sold to tenants under this agreement will be replaced on a one for one basis using the proceeds from the sale of the property.