Plan to double affordable homes spend at centre of spending review

Chancellor Rachel Reeves will today unveil the biggest investment in social and affordable housing in a generation — with £39bn earmarked over the next decade.
The new Affordable Homes Programme will form the centrepiece the Spending Review, delivering long-term certainty for developers and doubling current investment levels.
The new deal will average £3.9bn a year — up from just £2.3bn a year under the previous government’s five-year £11.5bn programme r