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£7 Billion Housing Initiative to Build 180,000 Homes

11/7/2025

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Summary

Story summary

Regional mayors in England will lead a drive funded by £7 billion from the £39 billion Social and Affordable Homes Programme.
The plan aims to deliver about 180,000 new homes, with at least 60% for social rent.
Mayors will gain powers to prioritise spending and shape housing projects in their areas.
Housing Secretary Steve Reed emphasised the program's role in helping families in temporary accommodation and on council waiting lists.

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Story summary

Regional mayors in England will lead a drive funded by £7 billion from the £39 billion Social and Affordable Homes Programme.
The plan aims to deliver about 180,000 new homes, with at least 60% for social rent.
Mayors will gain powers to prioritise spending and shape housing projects in their areas.
Housing Secretary Steve Reed emphasised the program's role in helping families in temporary accommodation and on council waiting lists.