BIZBBC NewsSAT 24 OCT 2026 / 9:57 PM CDT

Budget to include £1bn for social and affordable housing

More than £1bn for social and affordable housing in England will be provided in the Budget, taking funding for the government's 10-year homes programme past £40bn.

Mayors and regional leaders across England are also expected to get greater powers and funding in Wednesday's announcement - with councils helped to borrow money from the government to invest in housebuilding through preferential interest rates.

It is hoped the plans will give regional leaders more flexibility and authority over investment decisions.

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Budget to include £1bn for social and affordable housing

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