Housing gets £4bn boost to increase number of new homes

Government aims to build 40,000 additional affordable homes by 2021 – but OBR says it expects 13,000 fewer homes to be built over next five yearsThe chancellor committed almost £4bn to housing in Wednesday’s autumn statement, in a move he said represented a step-change in the government’s ambition to increase the supply of homes for sale and rent.The money, which the Treasury said was new cash, will be spent through two funds: one providing money for infrastructure projec