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<p>The Government is committed to increasing the supply of social housing and has
made £9 billion available through the Affordable Homes Programme to March 2022 to
deliver 250,000 new affordable homes of a wide range of tenures, including social
rent</p><p><br> Our expanded programme will now provide a wider range of homes to
meet the housing needs of a range of people in different circumstances and different
housing markets – building the right homes in the right places</p><p><br> We have
listened to the sector. We have increased the size of the Affordable Homes Programme
and re-introduced social rent to it, lifted the Housing Revenue Account borrowing
cap for local authorities, and are setting a long term rent deal for councils and
housing associations in England from 2020. <br> <br> In September 2018, the Prime
Minister announced an additional £2 billion of long term funding certainty for housing
associations. This extra funding will deliver more affordable homes and stimulate
the sector’s wider building ambitions, through strategic partnerships</p><p><br> Our
ten year funding commitment marks the first time any government has offered housing
associations such long-term funding certainty.</p>
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