UK allocates £10bn for 70,000 social and affordable homes

The UK government announced on August 24, 2026, an initial allocation of nearly £10 billion to build over 70,000 social and affordable homes across England, marking the first stage of a decade-long, £39 billion programme. The funding, which adds to a separate £6 billion commitment for London, will be distributed to six mayoral regions outside the capital: Greater Manchester, the West Midlands, North East England, West Yorkshire, South Yorkshire, and the Liverpool City Region.

Prime Minister Andy Burnham stated, "No child should be raised in a hostel room and no family should wait 10 years for a front door of their own. I have said from my first day in this job that everything starts with a good home." Housing Secretary Angela Rayner added that the investment was "fundamental to turning the housing crisis around, helping families out of temporary accommodation and into a secure home."

The funding will be delivered through 33 strategic partners, including local councils and housing associations. Greater Manchester will receive the largest share at £529 million to support approximately 4,400 new homes. The West Midlands is allocated £409 million for 3,200 homes, while West...