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<p>We are committed to increasing the supply of social housing and have invested over
£9 billion into our Affordable Homes Programme to deliver 250,000 affordable homes
by 2022, including at least 12,500 for social rent. In September we 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. £1 billion of this funding is open for bidding with
existing Homes England Strategic Partnerships.</p><p>We have increased the size of
the Affordable Homes Programme, re-introduced social rent, removed the Housing Revenue
Account borrowing cap for local authorities, and have set out a long-term rent deal
for councils and housing associations in England from 2020. Housing associations and
local authorities now need to accelerate delivery and build more affordable homes.</p>
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