Speaking to the National Housing Federation conference on 17
September Prime Minister Teresa May announced that the government
will provide £2bn for strategic partnerships with housing
associations but it is understood the money will not be available
until 2022/23 at the earliest.
Little detail has been released but the Prime Minister said that
under the scheme, housing associations will be able to apply for
funding stretching as far ahead as 2028/29. It is expected that
further detail will be announced in the forthcoming Autumn
Budget
The Prime Minister's announcement follows statements in the
Social Housing Green Paper that the government "want to give
housing associations and others the certainty they require to
develop ambitious plans to deliver the affordable homes this
country so desperately needs" and "will actively investigate the
benefits of going further by providing funding certainty to some
housing associations over an even longer period".
Read the full text of the Prime Minister's speech