UK News

UK Government Announces £3 Billion Boost for Affordable Housing Scheme


Publish Date: 12/02/2024

The UK government has announced a £3 billion increase in funding for the Affordable Homes Scheme. This expansion aims to deliver 20,000 new affordable homes across the country.

  • The Affordable Homes Scheme offers low-cost loans to housing providers, enabling new construction projects and property upgrades.
  • Providers can now access funding for upgrading existing properties, with a focus on improving building safety standards, including the removal of hazardous cladding.
  • The scheme also supports initiatives to make homes more energy-efficient, potentially reducing utility costs for tenants through investments in technologies such as solar panels.
  • Financing for these loans is facilitated through a capital markets bond program, underwritten by a guarantee from the Department for Levelling Up, Housing and Communities.
  • The government's commitment to the Affordable Homes Scheme underscores its efforts to address the housing shortage and improve living conditions across England.

Canadian Visas


Testimonials


Australia Reviews  Australia Reviews

Canada Image  CANADA Reviews

Start your Immigration Journey Today!


1

Check your eligibility: Submit online assessment form

2

Get a free assessment within 24 hours

3

Prepare your application with SIEC Advisor

4

Submit your application together with supporting documents

5

Wait for your visa to be granted

Appointment Request Form

Call us on +91-9650116699

24 hours contact via WhatsApp @

Australia: +61 415 383 393

We  are  Online