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<p><del class="ministerial">£38 billion public and private investment will help ensure
275,000 new affordable homes are provided between 2015 and 2020. This means over the
next Parliament we will build more new affordable homes than during any equivalent
period in the last twenty years. Funding is allocated through competitive bidding
and there are no top down targets for particular areas.</del></p><p><del class="ministerial">The
2015-18 Affordable Homes Programme has made initial allocations of £1.3 billion grant
funding to deliver almost 62,000 new affordable homes, including £154 million in the
East and South East area to deliver over 9,600 homes. The Homes and Communities Agency
are inviting bids for the remainder of the 2015-18 Affordable Homes Programme funding.
Approximately £800 million is available.</del></p><p> </p><p>Affordable housing expenditure
for England, <del class="ministerial">South East,</del> Surrey and Elmbridge in each
year since 2005 is set out below.</p><p> </p><table><tbody><tr><td> </td><td><p>England</p></td><td><p><del
class="ministerial">South East</del></p></td><td><p>Surrey</p></td><td><p>Elmbridge</p></td></tr><tr><td>
</td><td><p>£m</p></td><td><p><del class="ministerial">£m</del></p></td><td><p>£m</p></td><td><p>£m</p></td></tr><tr><td><p>2013-14</p></td><td><p>965</p></td><td><p><del
class="ministerial">123</del></p></td><td><p>11</p></td><td><p>0.9</p></td></tr><tr><td><p>2012-13</p></td><td><p>1,083</p></td><td><p><del
class="ministerial">157</del></p></td><td><p>14</p></td><td><p>1</p></td></tr><tr><td><p>2011-12</p></td><td><p>1,578</p></td><td><p><del
class="ministerial">224</del></p></td><td><p>17</p></td><td><p>0.9</p></td></tr><tr><td><p>2010-11</p></td><td><p>2,660</p></td><td><p><del
class="ministerial">426</del></p></td><td><p>34</p></td><td><p>4</p></td></tr><tr><td><p>2009-10</p></td><td><p>3,737</p></td><td><p><del
class="ministerial">565</del></p></td><td><p>46</p></td><td><p>6</p></td></tr><tr><td><p>2008-09</p></td><td><p>2,612</p></td><td><p><del
class="ministerial">424</del></p></td><td><p>45</p></td><td><p>2</p></td></tr><tr><td><p>2007-08</p></td><td><p>2,029</p></td><td><p><del
class="ministerial">363</del></p></td><td><p>37</p></td><td><p>5</p></td></tr><tr><td><p>2006-07</p></td><td><p>1,921</p></td><td><p><del
class="ministerial">375</del></p></td><td><p>45</p></td><td><p>2</p></td></tr><tr><td><p>2005-06</p></td><td><p>1,577</p></td><td><p><del
class="ministerial">269</del></p></td><td><p>47</p></td><td><p>5</p></td></tr></tbody></table><p>
</p><p><ins class="ministerial">The budget for the supply of new affordable housing
in 2014-15 is £1,239 million. However, this under-states the total level of affordable
housing investment under this Government. Our Affordable Homes Programme is on track
to deliver and surpass 170,000 new affordable homes between 2011 and 2015, and lever
in £19.5 billion of public and private investment.</ins></p><p> </p><p><ins class="ministerial">
</ins></p><p> </p><p><ins class="ministerial">A further £38 billion of public and
private investment will help ensure 275,000 new affordable homes are provided between
2015 and 2020. This means over the next Parliament we will build more new affordable
homes than during any equivalent period in the last twenty years. Funding is allocated
through competitive bidding and there are no top down targets for particular areas.</ins></p><p>
</p><p><ins class="ministerial"> </ins></p><p> </p><p><ins class="ministerial">We
do not publish regional statistics, nor does our housing or planning policy operate
on the old Government Office Regions.</ins></p><p> </p><p> </p>
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